Sugar prices moved up by 1.38 per cent to Rs 3,680 per quintal in futures trade today as speculators raised their bets amid uptick in demand in the spot market.
At the National Commodity and Derivatives Exchange, sugar for delivery in October rose by Rs 50, or 1.38 per cent, to Rs 3,680 per quintal, with an open interest of 90 lots.
Analysts said widening of positions by traders due to pick up in demand in the physical market, mainly influenced sugar prices at futures trade.
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