Business Standard

Sugar rules firm on spot demand

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

Related News

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 markets on firm demand amid reports that the government is considering the report on sugar decontrol.

Read more on:   
|
|

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.

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.

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 markets on firm demand amid reports that the government is considering the Rangarajan Committee report on sugar decontrol.

image

Read More

Cardamom rise as demand picks up

Cardamom prices rose by Rs 12.20 to Rs 981 per kg in futures trading today as speculators created fresh positions, driven by pick-up in demand in the ...

Recommended for you

Advertisements

Quick Links

Market News

Debt conversion into equity

Speeding up court decisions must be a priority

BSE listed firms' value slips below Rs 100 trillion mark

At the close of today's trading session, the total BSE market cap stood at Rs 99,66,783 crore

SH Kelkar files prospectus for IPO, seen at around $100 million

Although according to the prospectus, company plans to raise 2 billion rupees

Mutual funds raise allocations to FMCG stocks amid jittery markets

Exposure to the sector at nine-month high of 5.01%

Geo-political crisis drags market to over 2-month lows

The 30-share Sensex ended down 654 points at 27,458 and the 50-share Nifty closed down 189 points at 8,342

 

Back to Top