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Sugar closes quiet on ample stocks

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Press Trust of India New Delhi

The wholesale sugar prices ruled flat in the national capital today as prices continued to be asked at previous levels following ample stocks position to meet the ongoing seasonal demand.  

Traders said adequate stocks position against sporadic demand mainly kept sugar prices mostly steady. 

Hopes of higher production also influenced the market sentiment, they added.

Following were today's quotation in Rs per quintal.

Sugar ready M-30 2,880-2,960 and S-30 2,850-2,960
Mill delivery M-30 2,680-2,850 and S-30 2,650-2,825

Sugar mill gate prices (excluding duty): Kinonni 2,830, Asmoli 2,810, Mawana 2,760, Titabi 2,770, Thanabhavan 2,670, Budhana 2660 and Dorala 2,760

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First Published: Jun 21 2011 | 3:31 PM IST

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