Amid adequate stocks in the market following additional supply of non-levy quota by the government and sluggish spot demand, sugar futures today fell by Rs 41 to Rs 3,422 per quintal.
At the National Commodity and Derivatives Exchange, sugar for delivery in October traded lower by Rs 41, or 1.18%, to Rs 3,422 per quintal, with an open interest of 20,350 lots.
September sugar shed Rs 32, or 0.32%, to Rs 3,379 per quintal, with an open interest of 33,470 lots.
Marketmen said fall in sugar futures prices was due to the fall in spot demand and additional supply of non-levy sugar by the government.
