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Sugar eases on adequate supply

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 5:24 AM IST

In restricted activity, sugar prices declined by Rs 10 per quintal in the wholesale sugar market today on subdued demand against adequate stocks.

Marketmen said subdued demand against adequate stocks positions led to a decline in wholesale sugar prices.

Sugar medium and second grades prices shed Rs 10 each to Rs 2,840-2,940 and Rs 2,830-2,930 per quintal. 

Mill delivery medium and second grade prices also traded lower by the same margin to Rs 2,640-2,740 and Rs 2,630-2,730 per quintal.

Following are today's rates in Rs per quintal:  

Sugar ready M-30 2,840-2,940 and S-30 2,830-2,930
Mill delivery M-30 2,640-2,740 and S-30 2,630-2730

Sugar mill gate prices (excluding duty): Kinonni 2,740, Asmoli 2,750, Mawana 2,720, Titabi 2,710, Thanabhavan 2,700, Budhana 2,700 and Dorala 2,710

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