 "Sugar down 0.2% on ample supply")
Sugar prices moved down by 0.21% to Rs 2,802 per quintal in futures trad today on ample supplies from mills against sluggish demand.
At the National Commodity and Derivatives Exchange, sugar for delivery in January moved down by Rs 6, or 0.21% to Rs 2,802 per quintal with an open interest of 23,120 lots.
Sugar for delivery in December also traded lower by Rs 3, or 0.11% to Rs 2783 per quintal in 11,470 lots.
Analysts attributed the fall in sugar futures to ample supply from mills against sluggish demand from bulk consumers such as ice-cream and soft-drink maker due to winter.
At the National Commodity and Derivatives Exchange, sugar for delivery in January moved down by Rs 6, or 0.21% to Rs 2,802 per quintal with an open interest of 23,120 lots.
Sugar for delivery in December also traded lower by Rs 3, or 0.11% to Rs 2783 per quintal in 11,470 lots.
Analysts attributed the fall in sugar futures to ample supply from mills against sluggish demand from bulk consumers such as ice-cream and soft-drink maker due to winter.
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