Sugar prices slide on adequate supply

Sugar prices drifted in the national capital today on adequate stocks position due to higher supplies from mills against reduced offtake by bulk consumers.
Marketmen said adequate stocks position due to higher supplies from producing belts against reduced offtake by bulk consumers mainly kept pressure on sugar prices.
Sugar ready M-30 and S-30 eased to Rs 2,670-2,840 and Rs 2,660-2,830 against last close of Rs 2,720-2,860 and Rs 2,710-2,850 per quintal respectively.
Similarly, mill delivery M-30 and S-30 slipped to Rs 2,525-2,675 and Rs 2,515-2,665 from previous levels of Rs 2,560-2,700 and Rs 2,550-2,690 per quintal respectively.
Following are today's quotations (in Rs per quintal)

Sugar retail markets - Rs 30.00-34.00 per kg.

Sugar ready: M-30 Rs 2,670-2,840 S-30 Rs 2,660-2,830.
Mill delivery: M-30 Rs 2,525-2,675 S-30 Rs 2,515-2,665.
Sugar millgate (including duty): Mawana Rs 2,620, Kinnoni Rs 2,700, Asmoli Rs 2,630, Dorala Rs 2,620, Budhana Rs 2,610, Thanabhavan Rs 2,600, Dhanora Rs 2,610, Simbholi Rs 2,680, Modi Nagar Rs 2,575, Khatuli Rs 2,700, Dhampur 2,570, Ramala Rs 2,590, Bulandshahr Rs 2,600, Anupshar Rs 2,590, Baghpat Rs 2,610, Morna Rs 2,600, Sakoti Rs 2,570, Chandpur Rs 2,590, Nazibabad Rs 2,580.