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Sugar falls on weak demand

Prices fell due to rising supplies from mills

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Press Trust of India New Delhi

Sugar futures for February fell Rs 13, or 0.42% to Rs 3,054 per quintal in 27,710 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the March contract moved down by Rs 11, or 0.35% to Rs 3111 per quintal in 23,830 lots.

Prices fell as speculators offloaded their positions on the back of weak demand against rising supplies from mills at spot market affected the trade.

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First Published: Feb 05 2013 | 3:39 PM IST

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