Sugar prices were down by 0.13 per cent to Rs 3,819 per quintal in futures trade today as traders reduced their exposures, triggered by adequate stocks position at spot market against muted demand.
At the National Commodity and Derivatives Exchange, sugar for delivery in October declined by Rs 5 or 0.13 per cent to Rs 3,819 per quintal with an open interest of 35,920 lots.
The sweetener for delivery in December traded lower by Rs 4 or 0.10 per cent to Rs 3,810 per quintal in 12,350 lots.
Analysts attributed the weakness in sweetener prices at futures trade to adequate stocks position on higher supplies from mills in the physical market against low demand.
