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Sugar price trades mix

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Press Trust of India New Delhi
Last Updated : Jun 19 2015 | 2:48 PM IST
A mixed trend prevailed at the wholesale sugar market in the national capital today with spot prices of select mills rising on buying at lower levels, while a few others shed further grounds on huge stocks position on persistent supplies by mills.
Marketmen said emergence of buying at prevailing levels by retailers and bulk consumers, helped sugar prices to recover.
They said, however, mounting stocks in the market following supply pressure from millers continued to put pressure on select sugar prices.
Sugar spot M-30 and S-30 prices recovered by Rs 30 each to end at Rs 2,410-2,580 and Rs 2,400-2,570 per quintal.
However, mill delivery M-30 and S-30 prices traded mixed at Rs 2,315-2,445 and Rs 2,300-2,425 per quintal.
In milltgate section, Budhana and Thanabhavan rose by Rs 15 each to Rs 2,370 and Rs 2,360, while Kinnoni asked higher by Rs 10 at Rs 2,445 per quintal.

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On the other hand, Sugar Sakoti and Khatuli dropped by Rs 20 each at Rs 2,350 and Rs 2,395, while Modinagar and Simbholi eased by Rs 15 each at Rs 2,345 and Rs 2,395 per quintal.
Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 26.00-31.00 per kg.
Sugar ready: M-30 Rs 2,410-2,580 S-30 Rs 2,400-2,570.
Mill delivery: M-30 Rs 2,315-2,445 S-30 Rs 2,300-2,425.
Sugar millgate (including duty): Mawana Rs 2,370, Kinnoni Rs 2,445, Asmoli Rs 2,390, Dorala Rs 2,370, Budhana Rs 2,370, Thanabhavan Rs 2,360, Dhanora Rs 2,400, Simbholi Rs 2,395, Modi Nagar Rs 2,345, Khatuli Rs 2,395, Dhampur 2,340, Ramala Rs 2,380, Bulandshaher Rs 2,370, Anupshaher Rs 2,370, Baghpat Rs 2,390, Morna Rs 2,390, Sakoti Rs 2,350, Chandpur Rs 2,370, Nazibabad Rs 2,370 and Malakpur 2,315.

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First Published: Jun 19 2015 | 2:48 PM IST

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