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Sugar millgate falls on ample supply

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Press Trust of India New Delhi

Sugar millgate prices softened by Rs 10 per quintal in the national capital today, following ample supply amid reduced offtake.

Market analysts said increased supply and reduced offtake mainly pulled down sugar millgate prices. 

Sugar thanabhavan and mawana slipped by Rs 10 each to Rs 2,780 and Rs 2,840 per quintal, respectively. 

Following were today's quotation in Rs per quintal.  

Sugar ready M-30 2,940-3,065 and S-30 2,915-2,940
Mill delivery M-30 2,700-2,850 and S-30 2,685-2,825

Sugar mill gate prices (excluding duty): Kinonni 2,890, Asmoli 2,870, Mawana 2,840, Titabi 2,810, Thanabhavan 2,780, Budhana 2775 and Dorala 2,825

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First Published: Feb 17 2011 | 3:18 PM IST

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