Sugar up 0.8% on pick-up in demand

Higher supplies in the physical market restricted the gains

Sugar futures for March added Rs 25, or 0.81%, to Rs 3,113 per quintal in 25,210 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the February contract gained Rs 21, or 0.69%, to Rs 3,071 per quintal in 15,200 lots.

Prices strengthened as speculators enlarged positions, tracking a firm spot market trend.

However, higher supplies in the physical market from producing areas restricted the gains.