Sugar rules firm on spot demand

December & Jan contracts gain 0.36% and 0.3% as speculators enlarge positions

futures rose by Rs 12 to Rs 3,327 per quintal as speculators enlarged positions largely supported by increased demand in the spot markets.

At the National Commodity and Derivatives Exchange, sugar for December delivery traded Rs 12, or 0.36 per cent, higher at Rs 3,327 per quintal, with an open interest for 28,020 lots.

January sugar traded higher by Rs 10, or 0.30 per cent, at Rs 3,340 per quintal, with open interest of 9,790 lots.

Marketmen attributed the rise in sugar futures to a firming trend at the spot on firm demand amid reports that the government is considering the report on sugar decontrol.

image
Business Standard
177 22
Business Standard

Sugar rules firm on spot demand

December & Jan contracts gain 0.36% and 0.3% as speculators enlarge positions

Press Trust of India  |  New Delhi 



futures rose by Rs 12 to Rs 3,327 per quintal as speculators enlarged positions largely supported by increased demand in the spot markets.

At the National Commodity and Derivatives Exchange, sugar for December delivery traded Rs 12, or 0.36 per cent, higher at Rs 3,327 per quintal, with an open interest for 28,020 lots.



January sugar traded higher by Rs 10, or 0.30 per cent, at Rs 3,340 per quintal, with open interest of 9,790 lots.

Marketmen attributed the rise in sugar futures to a firming trend at the spot on firm demand amid reports that the government is considering the report on sugar decontrol.

RECOMMENDED FOR YOU

Sugar rules firm on spot demand

December & Jan contracts gain 0.36% and 0.3% as speculators enlarge positions

Sugar futures rose by Rs 12 to Rs 3,327 per quintal as speculators enlarged positions largely supported by increased demand in the spot markets.

futures rose by Rs 12 to Rs 3,327 per quintal as speculators enlarged positions largely supported by increased demand in the spot markets.

At the National Commodity and Derivatives Exchange, sugar for December delivery traded Rs 12, or 0.36 per cent, higher at Rs 3,327 per quintal, with an open interest for 28,020 lots.

January sugar traded higher by Rs 10, or 0.30 per cent, at Rs 3,340 per quintal, with open interest of 9,790 lots.

Marketmen attributed the rise in sugar futures to a firming trend at the spot on firm demand amid reports that the government is considering the report on sugar decontrol.

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

More News

  • Rating agency shares soar on corporate bond Rating agency shares soar on corporate bond boost
  • Moody’s RBI norms on corporate bonds credit positive, says Moody's

STOCK WATCH

Company Price() Chg(%)
Trident 56.00 12.45
VST Inds. 2296.20 10.12
GRUH Finance 345.20 9.33
J B Chem & Pharm 336.60 7.90
Century Textiles 709.85 5.92
> More on BSE Gainers
Company Price() Chg(%)
Trident 56.45 13.13
Future Lifestyle 137.65 10.92
GRUH Finance 346.05 9.46
VST Inds. 2284.90 9.22
J B Chem & Pharm 336.50 7.71
> More on NSE Gainers
Company Price() Chg(%)
Welspun India 49.70 -8.64
Shilpa Medicare 553.00 -7.82
Piramal Enterp. 1851.10 -5.41
Jaypee Infratec. 9.21 -4.76
Avanti Feeds 534.10 -4.20
> More on BSE Gainers
Company Price() Chg(%)
Welspun India 49.40 -8.60
Shilpa Medicare 551.70 -7.87
IDBI Bank 70.45 -6.38
Jaypee Infratec. 9.10 -5.70
Piramal Enterp. 1847.10 -5.48
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard