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Sugar rises on fresh stockists buying

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:18 AM IST

Sugar prices rose up to Rs 25 per quintal in the wholesale sugar market today on fresh buying by stockists on hopes of a rise in demand in the coming festival and marriage season.

Marketmen said fresh buying by stockists on expectations of pick up in demand in the coming festival and marriage season. 

Sugar ready medium and second grade prices gained Rs 25 each to Rs 2,740-2,825 and Rs 2,730-2,815 per quintal. 

Similarly, the mill delivery medium and second grade prices traded higher by the same margin at Rs 2,550-2,700 and Rs 2,540-2,690 per quintal.

Following are today's rates in Rs per quintal:

Sugar ready M-30 2,740-2,825 and S-30 2,730-2,815
Mill delivery M-30 2,550-2,700 and S-30 2,540-2690

Sugar mill gate prices (excluding duty): Kinonni 2,650, Asmoli 2,640, Mawana 2,600, Titabi 2,600, Thanabhavan 2,570, Budhana 2,560 and Dorala 2,580

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First Published: Sep 25 2010 | 4:54 PM IST

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