Sugar prices settle quiet on sporadic demand

Sugar prices settle quiet on sporadic demand

Sugar prices ended quiet at the wholesale market in the national capital today following sporadic buying support amid ample stocks.

Marketmen said pick up in supplies from mills to meet current demand managed to keep sweetener prices unaltered.

Yesterday sweetener prices had recorded sharp gain of Rs 200 per quintal.

Following are today’s quotations (in Rs per quintal)

Sugar retail markets – Rs 31.00-33.00 per kg.

Sugar ready: M-30 Rs 2,950-3,080, S-30 Rs 2,940-3,070.

Mill delivery: M-30 Rs 2,700-2,840, S-30 Rs 2,690-2,830.

Sugar millgate (including duty): Mawana Rs 2,760, Kinnoni Rs 2,840, Asmoli Rs 2,820, Dorala Rs 2,770, Budhana Rs 2,740, Thanabhavan Rs 2,750, Dhanora Rs 2,810, Simbholi Rs 2,820, Khatuli Rs 2,830, Dhampur Rs 2,700, Sakoti 2,750, Modinagar 2,740, Shamli 2,700, Malakpur 2,740, Ramala not available, Anupshaher N.A, Baghpat N.A.,Morna N.A., Chandpur N.A., Nazibabad N.A and Nanota N.A.

Source: Business Standard – Published on: 22/05/2018