Sugar millgate price eases

Sugar millgate prices softened further by Rs 10 per quintal at the wholesale market in the national capital today following non stop arrivals from mills amid selective buying by stockist and bulk consumers.
Marketmen said mounting of stocks on persistent supplies from mills, triggered by shrinking demand from stockist and bulk consumers such as soft-drink and ice-cream makers mainly kept the sweetener prices in red zone.
In millgate section, sugar Dorala, Dhanora, Budhana, Thanabhavan, Ramala, Anupshaher and Baghpat all shed by Rs 10 each to finish at Rs 3,630, Rs 3,620, Rs 3,630, Rs 3,620, Rs 3,610, Rs 3,600 and Rs 3,630 per quintal respectively.

Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 41.00-43.00 per kg.
Sugar ready: M-30 Rs 3,890-3,990, S-30 Rs 3,880-3,980.
Mill delivery: M-30 Rs 3,600-3,700, S-30 Rs 3,590-3,690.
Sugar millgate (including duty): Mawana Rs 3,650, Kinnoni Rs 3,700, Asmoli Rs 3,650, Dorala Rs 3,630, Budhana Rs 3,630, Thanabhavan Rs 3,630, Dhanora Rs 3,620, Simbholi Rs 3,680, Khatuli Rs 3,675, Dhampur Rs 3,610, Ramala Rs 3,610, Anupshaher Rs 3,600, Baghpat Rs 3,630, Morna Rs 3,630, Sakoti Rs 3,620, Chandpur Rs 3,610, Nazibabad Rs 3,610 and Malakpur Rs N.T.