Sugar prices decline on low demand, ample stocks

Press Trust of India  |  New Delhi 

Sugar prices fell by up to Rs 15 per at the wholesale market in the national capital today following ample stocks on increased supplies from mills.

Marketmen said apart from ample stocks, reduced offtake by bulk consumers such as soft-drink and confectioners exerted pressure on sweetner's prices.

Sugar ready M-30 and S-30 10 each to end at Rs 3,330-3,530 and Rs 3,320-3,520 per

Mill delivery M-30 and S-30 prices also eased by Rs 100 each to finish at Rs 3,180-3,330 and Rs 3,170-3,320 per

In the mill gate section, sugar Dhanora and Khatuli lost Rs 15 each to Rs 3,290 and Rs 3,305, while Kinnoni and inched down by Rs 10 each to Rs 3,330 and Rs 3,180 per quintal.

Following are today's quotations (in Rs per quintal)

Sugar - Rs 36-41 per kg.

Sugar ready: M-30 Rs 3,430-3,530, S-30 Rs 3,420-3,520.

Mill delivery: M-30 Rs 3,180-3,330, S-30 Rs 3,170-3,320.

Sugar millgate (including duty): Mawana Rs 3,240, Kinnoni Rs 3,330, Asmoli Rs 3,305, Dorala Rs 3,240, Budhana Rs 3,225, Thanabhavan Rs 3,215, Dhanora Rs 3,290, Simbholi Rs 3,305, Khatuli Rs 3,305, Rs 3,180, Sakoti 3,200, Modinagar 3,220, Shamli 3,200, Malakpur Not Quoted, Ramala NA (not available), Anupshaher NA, Baghpat NA, Morna NA, Chandpur NA, Nazibabad NA and Nanota NA.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, August 20 2018. 15:05 IST