Business Standard

Sugar down 0.24% on ample supplies

Weak winter season demand affected the price

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Press Trust of India New Delhi

Sugar futures for March declined by Rs 8, or 0.24%, to trade at a three-month low of Rs 3,285 per quintal in 8,110 lots.

At the National Commodity and Derivatives Exchange, the February contract shed Rs 4, or 0.12%, to Rs 3,254 per quintal in 34,800 lots.

Reduced off-take by bulk consumers and weak winter season demand amid adequate spot affected the sugar futures.

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First Published: Jan 10 2013 | 11:03 AM IST

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