Indian sugar mills association

Sugar prices see mixed trend on sustained buying

Date:	05 Oct 2016

Source:	The Economic Times

Reporter:	PTI

News ID:	6039

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NEW DELHI: Sugar prices exhibited a mixed trend at the wholesale market in the national capital today with prices of select mills improving further on sustained buying by stockists and retailers, while a few others government co-operative mills succumbed to supply pressure.

Marketmen said the rise in prices of some private sugar mills was due to sustained buying by stockists and retailers triggered by the ongoing festive season.

Sugar mill delivery M-30 and S-30 prices edged up by Rs 10 each to superior end to finish at Rs 3,600-3,800 and Rs 3,590-3,790 per quintal, respectively.

On the other hand, sugar ready M-30 and S-30 prices dropped by Rs 30 each to inferior end to settle at Rs 3,920-4,150 and Rs 3,910-4,140 per quintal, respectively.

In the millgate section, sugar asmoli improved by Rs 20 to Rs 3,780, while khatuli showed a rise of Rs 10 at Rs 3,800 per quintal.

On other hand, Morna and Dhampur dropped the most by Rs 20 each to Rs 3,600 and Rs 3,610 per quintal, respectively.

Meanwhile, Anupshaher and Sakoti faded by Rs 10 each to Rs 3,600 and Rs 3,630 per quintal, respectively.Mixed trend in sugar on sustained buying.

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