Firm Trend In Sugar

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Sugar market witnessed a firm trend on hopes of supportive steps by the Centre for cash starved mills.On Thursday 20 – 22 mills in Maharashtra’s sold about 45,000 bags at ₹2,510- 2,630 a quintalfor S-grade and ₹2,660-2,790 for M-grade. On Bombay Sugar Merchants Association’s spot rates were: S-grade ₹2,700- 2,790and M-grade ₹2,800-2,912. Naka delivery rates were: S-grade ₹2,660– 2,720 and M-grade ₹2,760-2,830.

SOURCEThe Hindu Business Line

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