Select millgate sugar prices fell further at the wholesale sugar market today owing to slackened demand against adequate stocks position.
Traders said besides sufficient stocks on higher supplies from millers against reduced offtake by bulk consumers mainly kept select millgate sugar prices lower.
In the millgate section, Khatauli and Dhampur declined by Rs 20 each to Rs 2,800 and Rs 2,600, while ramala lost Rs 30 at Rs 2,600 per quintal, respectively.
Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 28.00-34.00 per kg.
Sugar ready: M-30 Rs 2,750-2,990, S-30 Rs 2,740-2,980.
Mill delivery: M-30 Rs 2,610-2,820, S-30 Rs 2,600-2,810.
Sugar millgate (including duty): Mawana Rs Not Quoted, Kinnoni Rs 2,820, Asmoli Rs 2,800, Dorala Rs 2,670, Budhana Rs 2,655, Thanabhavan Rs 2,700, Dhanora Rs 2,680, Simbholi Rs 2,860, Khatuli Rs 2,800, Dhampur 2,600, Ramala Rs 2,600, Bulandshaher Rs N.Q, Anupshaher Rs 2,640, Baghpat Rs 2,670, Morna Rs 2,670, Sakoti Rs 2,680, Chandpur Rs N.Q, Nazibabad Rs 2,650 and Malakpur NQ.
