Sugar prices steady in thin trade

Sugar prices continued to remain at previous levels in the national capital today following ample stocks position as compared to demand.

Marketmen said steady inflow of supply against scattered buying mainly kept sugar prices trade around last levels.

Release of free sale sugar quota for December month was better then expectation and created ample supply in the market.

Following are today's rates in Rs per quintal:

Sugar ready M-30 3,050-3,225 and S-30 3,025-3,200
Mill delivery M-30 2,900-3,100 and S-30 2,890-3,075

Sugar mill gate prices (excluding duty): Kinonni 3,100, Asmoli 3,090, Mawana 3,040, Titabi 3,020, Thanabhavan 2,970, Budhana 2960, and Dorala 3,040