Sugar ends quiet on adequate stocks
Sugar prices ended on a quiet note in the national capital today following good demand against sufficient stocks position.
Market analysts said stocks were sufficient to meet the rising demand from soft-drink and ice-cream making industries.
They said millers clearing their positions on approaching month end and release of free-sale quota for new month also created adequate stocks position to meet summer season demand.
Following were today's quotation in Rs per quintal.
Sugar ready M-30 2,950-3,050 and S-30 2,925-3,040
Mill delivery M-30 2,750-2,925 and S-30 2,725-2,900
Sugar mill gate prices (excluding duty): Kinonni 2,890, Asmoli 2,875, Mawana 2,840, Titabi 2,830, Thanabhavan 2,750, Budhana 2740 and Dorala 2,820