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Sugar ends marginally lower on reduced offtake

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:11 AM IST

Sugar prices showed a moderate fall of Rs 10 per quintal in the national capital today on reduced offtake by retailers and bulk consumers. 

Marketmen said slack demand from retailers and bulk consumers, such as soft-drink and ice-cream makers against adequate stocks position mainly pulled down sugar spot prices. 

Sugar ready medium grade prices eased from Rs 2,750-2,850 to close at Rs 2,740-2,840 per quintal.

Its second grade quality also fell by Rs 10 to Rs 2,730-2,830 per quintal. However, sugar mill delivery and millgate prices maintained overnight levels on some support. 

Following are today's rates in Rs per quintal:

Sugar ready M-30 2,740-2,840 and S-30 2,730-2,830
Mill delivery M-30 2,550-2,670 and S-30 2,540-2660

Sugar mill gate prices (excluding duty): Kinonni 2,700, Asmoli 2,690, Mawana 2,630, Titabi 2,640,  Thanabhavan 2,620, Budhana 2,620 and Dorala 2,625

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First Published: Aug 20 2010 | 4:02 PM IST

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