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Sugar prices remain flat on thin trade

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Press Trust of India New Delhi

Sugar prices today remained flat at the wholesale sugar market on restricted buying against adequate stocks position.

Marketmen said adequate stocks position against restricted buying mainly kept prices unaltered.

Meanwhile, the food ministry may consider lowering the quantity of sugar that mills contribute for sale through ration shops in the 2009-10 crop year, as output is set to exceed the estimate by 2.5 million tonnes.     

Following are today's rates in Rs per quintal:

Sugar ready M-30 3,000-3,125 and S-30 2,990-3,115

Mill delivery M-30 2,800-3,000 and S-30 2,790-2990

Sugar mill gate prices (excluding duty): Kinonni 3,110, Asmoli 3,100, Mawana 3,020, Titabi 3,030, Thanabhavan 2,980, Budhana 3,010 and Dorala 3,015

 

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First Published: May 19 2010 | 5:58 PM IST

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