Sugar prices fell further at the wholesale sugar market in the national capital today on persistent supplies from millers against low demand.
Marketmen said higher supplies from mills against subdued demand from retailers and bulk consumers, mainly kept pressure on sugar prices.
Reports of higher output also dampened the sentiment, they said.
Meanwhile, country's sugar production rose by 33 per cent to 7.61 lakh tonnes till November 15th in the current marketing year on higher output from Maharashtra.
Sugar ready M-30 and S-30 slipped to Rs 2,750-2,970 and Rs 2,740-2,980 from last close of Rs 2,750-3,000 and Rs 2,740-2,990 per quintal, respectively.
Similarly, mill delivery M-30 and S-30 fell to Rs 2,610-2,820 and Rs 2,600-2,810 from previous close of Rs 2,630-2,855 and Rs 2,620-2,845 per quintal, respectively.
In the millgate section, Kinnoni, Asmoli, Dorala and Budhana were also quoted lower at Rs 2,820, Rs 2,800, Rs 2,670 and Rs 2,655 instead of Rs 2,885, Rs 2,820, Rs 2,710 and Rs 2,700 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 2,820, Dhampur 2,620, Ramala Rs 2,630, 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.
