Sugar millgate prices showed a moderate fall of Rs 5 per quintal in the national capital today, following reduced offtake by stockists amid increased supply.
Market analysts said ample supply from mills amid reduced offtake by stockist and bulk consumers caused the downfall in prices.
Among millgate section, sugar Kinnoni eased by Rs 5 to Rs 2,880 per quintal.
Mawana also moved down by Rs 5 to Rs 2,830 per quintal.
Following were today's quotation in Rs per quintal.
Sugar ready M-30 2,940-3,020 and S-30 2,910-3,010
Mill delivery M-30 2,730-2,915 and S-30 2,700-2,900
Sugar mill gate prices (excluding duty): Kinonni 2,880, Asmoli 2,870, Mawana 2,830, Titabi 2,825, Thanabhavan 2,730, Budhana 2720 and Dorala 2,820