Sugar prices fall on heavy stocks, regular arrivals

Sugar prices eased by Rs 10 per quintal at the wholesale sugar market in the national capital today due to huge stocks position following ample supplies from mills against on subdued demand.
Marketmen said besides falling demand from bulk consumers despite ongoing wedding season, mounting stocks in the market following persistent supplies from mills mainly put pressure on sweetener prices.
Sugar ready M-30 and S-30 prices were lower by Rs 10 each to Rs 2,780-3,010 and Rs 2,770-2,990 per quintal.
Similarly, mill delivery M-30 and S-30 prices weakened by a similar margin to Rs 2,720-2,870 and Rs 2,705-2,850 per quintal.

In millgate section, sugar Kinnoni, Asmoli, Budhana and Khatuli also traded Rs 10 each lower at Rs 2,870, Rs 2,810, Rs 2,780 and Rs 2,820 per quintal.
Following are today's quotations (in Rs per quintal)

Sugar retail markets - Rs 32.00-35.00 per kg.
Sugar ready: M-30 Rs 2,780-3,010 S-30 Rs 2,770-2,990.
Mill delivery: M-30 Rs 2,720-2,870 S-30 Rs 2,705-2,850.
Sugar mill gate (including duty): Mawana Rs 2,770, Kinnoni Rs 2,870, Asmoli Rs 2,810, Dorala Rs 2,755, Budhana Rs 2,780, Thanabhavan Rs 2,765, Dhanora Rs 2,740, Simbholi Rs 2,830, Modi Nagar Rs 2,735, Khatuli Rs 2,820, Dhampur 2,740, Ramala Rs 2,750, Bulandshahr Rs N.T., Anupshahr Rs 2,720, Baghpat Rs 2,750, Morna Rs 2,750, Sakoti Rs 2,720, Chandpur Rs 2,720, Nazibabad Rs 2,730.