You are here: Home » PTI Stories » National » News
Business Standard

Sugar futures extend losses, down 0.41% on higher supply

Press Trust of India  |  New Delhi 

Falling for the second day, sugar prices eased further by 0.41 per cent to Rs 3,400 per quintal in futures trading today as speculators engaged in reducing their positions amid ample stocks position at spot market against lower demand.

At the National Commodity and Derivatives Exchange, sugar for delivery in December month shed Rs 4, or 0.41 per cent, to Rs 3,400 per quintal with an open interest of 7,190 lots.



Marketmen said trimming of positions by participants and ample stocks position on higher supplies from mills in the physical market against muted demand from bulk consumers, mainly kept sugar prices down at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Sugar futures extend losses, down 0.41% on higher supply

Falling for the second day, sugar prices eased further by 0.41 per cent to Rs 3,400 per quintal in futures trading today as speculators engaged in reducing their positions amid ample stocks position at spot market against lower demand. At the National Commodity and Derivatives Exchange, sugar for delivery in December month shed Rs 4, or 0.41 per cent, to Rs 3,400 per quintal with an open interest of 7,190 lots. Marketmen said trimming of positions by participants and ample stocks position on higher supplies from mills in the physical market against muted demand from bulk consumers, mainly kept sugar prices down at futures trade. Falling for the second day, sugar prices eased further by 0.41 per cent to Rs 3,400 per quintal in futures trading today as speculators engaged in reducing their positions amid ample stocks position at spot market against lower demand.

At the National Commodity and Derivatives Exchange, sugar for delivery in December month shed Rs 4, or 0.41 per cent, to Rs 3,400 per quintal with an open interest of 7,190 lots.

Marketmen said trimming of positions by participants and ample stocks position on higher supplies from mills in the physical market against muted demand from bulk consumers, mainly kept sugar prices down at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Sugar futures extend losses, down 0.41% on higher supply

Falling for the second day, sugar prices eased further by 0.41 per cent to Rs 3,400 per quintal in futures trading today as speculators engaged in reducing their positions amid ample stocks position at spot market against lower demand.

At the National Commodity and Derivatives Exchange, sugar for delivery in December month shed Rs 4, or 0.41 per cent, to Rs 3,400 per quintal with an open interest of 7,190 lots.

Marketmen said trimming of positions by participants and ample stocks position on higher supplies from mills in the physical market against muted demand from bulk consumers, mainly kept sugar prices down at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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