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Sugar declines 0.06% on subdued demand

Higher supplies triggered the downtrend

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Press Trust of India New Delhi

Sugar futures for February shed Rs 2 or 0.06% to Rs 3,258 per quintal in 33,270 lots.

At the National Commodity and Derivatives Exchange, the January contract traded lower by Re 1, or 0.03% to Rs 3,209 per quintal in 11,420 lots.

Slackened demand against higher supplies triggered the downtrend.

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First Published: Jan 09 2013 | 4:41 PM IST

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