Sugar futures prices dipped by 0.37 per cent, weighed down by higher supplies in the market but ongoing marriage season demand restricted losses.
At the National Commodity and Derivatives Exchange, the sugar for delivery in February contract fell marginally by Rs 10, or 0.37 per cent, to Rs 2,685 per quintal, with an open interest of 12,610 lots.
The sugar for delivery in March contract also shed Rs 3, or 0.22 per cent, to Rs 2,672 per quintal, with a business turnover of 9,740 lots.
Analysts said adequate stocks in the spot markets following higher supplies mainly kept pressure on the sugar futures here but marriage season demand, cushioned the losses.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app