Sugar eased 0.53 per cent to Rs 2,234 per quintal in futures market today, driven by higher supplies from mills at spot market against low demand from bulk consumers.
At National Commodity and Derivatives Exchange, sugar for delivery in October declined by Rs 12, or 0.53 per cent to Rs 2,234 per quintal with an open interest of 46,120 lots.
The sweetener for delivery in December contracts shed Rs 4, or 0.17 per cent to Rs 2,316 per quintal in 21,610 lots.
Analysts attributed the fall in sugar prices in futures trade to persistent supplies from mills against low demand from bulk consumers.
