At the National Commodity and Derivatives Exchange, sugar for delivery in far-month March declined by Rs 14, or 0.49 per cent to Rs 2,816 per quintal with an open interest of 10,900 lots.
Likewise, the sweetener for delivery in December shed Rs 7, or 0.27 per cent to Rs 2,781 per quintal in 15,070 lots.
Market analysts said higher supplies from millers in the physical market mainly kept pressure on sugar prices at futures trade but festive season demand, restricted the fall.