Saturday, May 7, 2011

Sugar ends quiet on some support

Sugar prices ended flat in the wholesale sugar market today on scattered buying against adequate supply and settled at last levels.

Market analysts said sufficient stocks positions to meet the ongoing seasonal demand mainly kept the sweetener prices unaltered. 

Following were today's quotation in Rs per quintal.  

Sugar ready M-30 2,950-3,050 and S-30 2,925-3,040
Mill delivery M-30 2,750-2,925 and S-30 2,725-2,900

Sugar mill gate prices (excluding duty): Kinonni 2,910, Asmoli 2,900, Mawana 2,860, Titabi 2,850, Thanabhavan 2,760, Budhana 2750 and Dorala 2,850

(Source: http://www.business-standard.com/india/news/sugar-ends-quietsome-support-/134345/on)

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