Sugar prices fell by Rs 75 per quintal in the national capital today on restricted buying in the face of adequate stocks position.
The release of free-sale sugar quota by the government also put pressure on sugar prices.
Sugar ready medium and second grade prices dropped from Rs 2,930-3,030 and Rs 2,920-3,020 to settle at Rs 2,875-2,960 and Rs 2,965-2,950 per quintal.
Mill delivery medium and second grade price also slipped to finish at Rs 2,750-2,880 and Rs 2,740-2,870 per quintal.
Among millgate section, sugar titabi quoted lower at Rs 2,870 while budhana traded lower at Rs 2,830 per quintal.
Following are today's rates in Rs per quintal:
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Sugar ready M-30 2,875-2,960 and S-30 2,865-2,950.
Mill delivery M-30 2,750-2,870 and S-30 2,740-2860.
Sugar mill gate prices (excluding duty): Kinonni 2,920, Asmoli 2,910, Mawana 2,850, Titabi 2,870, Thanabhavan 2,840, Budhana 2,830 and Dorala 2,845.