 "Sugar down 1.4% on profit-bookings")
Sugar prices fell by 1.41% to Rs 3,151 per quintal in futures trade today as speculators indulged in booking-profits at prevailing higher levels.
At the National Commodity and Derivatives Exchange, sugar for delivery in April month fell by Rs 45, or 1.41% to Rs 3151 per quintal with an open interest of 19,200 lots.
Similarly, the sweetener for delivery May lost Rs 46, or 1.41% to Rs 3207 per quintal in 51,260 lots.
Analysts attributed the fall in sugar futures to profit- bookings by speculators at prevailing higher levels but lower output estimates capped the losses.
At the National Commodity and Derivatives Exchange, sugar for delivery in April month fell by Rs 45, or 1.41% to Rs 3151 per quintal with an open interest of 19,200 lots.
Similarly, the sweetener for delivery May lost Rs 46, or 1.41% to Rs 3207 per quintal in 51,260 lots.
Analysts attributed the fall in sugar futures to profit- bookings by speculators at prevailing higher levels but lower output estimates capped the losses.
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