Amid weak spot demand and higher free-sale quota, sugar futures prices fell 0.25% to Rs 2,819 per quintal today.
At the National Commodity and Derivatives Exchange, sugar for delivery in June shed Rs 7, or 0.25%, to Rs 2,819 per quintal, with an open interest of 5,100 lots.
April sugar lost Rs 3, or 0.11%, to Rs 2,684 a quintal, with a volume of 37,130 lots.
Analysts said the fall in prices was due to subdued demand from bulk consumers in the spot markets.
Additionally, higher free-sale quota for April released by the government put pressure sugar futures.
The government allocated 1.9 million tonnes of sugar for sale in the open market and through ration shops during this month, marginally higher than the last month's 1.88 million tonnes.