Sugar remains flat on thin trade

Steady conditions prevailed on the wholesale sugar market today as prices moved in a narrow range on alternate bouts of buying and selling and settled around previous levels. 

Market analysts said adequate stocks position against sporadic demand mainly kept sugar prices steady.

The 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 2,900, Asmoli 2,880, Mawana 2,850, Titabi 2,820, Thanabhavan 2,790, Budhana 2785 and Dorala 2,835