Sugar in bear grip
MUMBAI, JULY 13
Sugar market continued its bearish trend for second consecutive day on higher reselling pressures on Friday. Prices at the Vashi wholesale market declined by ₹20-30 a quintal. Arrivals were at 54-55 truck loads and local dispatches were at the same level. The Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,220-3,282 and M-grade ₹3,296-3,515. Naka delivery rates: S-grade ₹3,140-3,250 and M-grade ₹3,200-3,350.
Source: Business Line – Published on: 13th July 2018