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:   
|
|

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 ...

Quick Links

 

Market News

SPML Infra gains 5% on Rs 1,232 crore new orders

The company has won new orders worth Rs 1,232 crore from Uttar Pradesh Jal Nigam, Agra and Sardar Sarovar Narmada Nigam, Gandhinagar.

Palm oil up 0.6% on spot demand

Oil for delivery in October edged higher by 0.59%

Copper rises by 0.3% on global cues

Speculators created fresh positions in tandem with a firming global trend

Aluminium up by 0.2% on global cues

Increased demand at domestic spot markets also influenced prices

TVS Motor touches new high on robust August sales

Total two wheeler sales increased by 47% yoy to 217,662 units in August 2014.

Back to Top