Supported by pickup in domestic demand, sugar prices were higher by 0.63 per cent to Rs 2,228 per quintal in futures trading today.
However, adequate stock in the market on persistent supplies from millers and higher output estimates this marketing year capped the rise in prices.
At National Commodity and Derivatives Exchange (NCDEX), sugar for delivery in October month moved up by Rs 14, or 0.63 per cent to Rs 2,228 per quintal with an open interest of 38,250 lots.
Similarly, the sweetener for delivery in July contracts edged up by Rs 8, or 0.37 per cent to Rs 2,184 per quintal in 31,290 lots.
The rise in sugar futures was due to pickup in demand at the spot market but ample stock on persistent supplies from millers capped the gains.
