Amid weak trend at spot market on low demand, sugar continued to show weakness in futures trade today with prices falling by over one per cent to Rs 2,868 per quintal.
Expectations that the government may release higher free-sale quota for next month also kept pressure on the suguar prices at the futures trade.
At the National Commodity and Derivatives Exchange, sugar for delivery in far-month June fell by Rs 32, or 1.10 per cent, to Rs 2,868 per quintal, with an open interest of 4,290 lots.
Similarly, sugar for delivery in April also traded Rs 25, or 0.91 per cent lower, at Rs 2,726 per quintal in an open interest of 40,030 lots.
Sugar for delivery in May month also moved down by Rs 23, or 0.81 per cent to Rs 2,810 per quintal, having an open interest in 15,110 lots.
Analysts said weak trend in the physical markets owing to low demand from bulk consumers continued to put pressure on the sweetner's prices at futures trade here.
Further, expectations of higher free-sale quota for April too cast its shadow, they said.