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Sugar prices decline further

Sugar prices decline further

MUMBAI, JUNE 22

Sugar prices at Vashi declined further by 15-20, extending a bearish trend on Friday as producers/mills brought down the sale price by 10 for fair quality.Naka rates were steady. The inventory at Vashi was 100-105 truckloads. On Thursday, mills sold about 20,000 bags at 2,900-2,970 a quintalfor S-grade and 2,970-3,070 for M-grade. Naka delivery rates were: S-grade 3,010- 3,100 and M-grade 3,080-3,200.

Source: Business Line – Published on: 22/06/2018