Sugar closes quiet on ample stocks
Sugar prices ended flat in the national capital today on restricted buying activity against adequate stocks position.
Buying for festival season matched with the adequate supply in the market, kept prices unaltered.
Millers selling picked up on optimism that higher rains might support the sugarcane crop this season, traders said.
Consistent fall in global markets also helped to keep the price under control, they said.
Following are today's rates in Rs per quintal:
Sugar ready M-30 2,740-2,840 and S-30 2,730-2,830
Mill delivery M-30 2,550-2,670 and S-30 2,540-2660
Sugar mill gate prices (excluding duty): Kinonni 2,700, Asmoli 2,690, Mawana 2,630, Titabi 2,640, Thanabhavan 2,620, Budhana 2,620 and Dorala 2,625