Sugar mill gate prices fall on ample supply

Sugar mill gate prices remained marginally lower and fell by Rs 5 per quintal at the wholesale market in the national capital today following selling pressure from millers amid scattered buying by stockists and bulk consumers.

Marketmen said increased supplies from mills along with limited offtake by stockists and bulk consumer, largely pulled down sugar mill gate prices.

In the mill gate section, sugar Dorala, Thanabhavn, Budhana, Shamli and Malakpur traded lower by Rs 5 each to Rs 2,590, Rs 2,600, Rs 2,590, Rs 2,580 and Rs 2,585 per quintal respectively.

On the other hand, sugar spot prices remained unaltered on scattered buying support from local parties.

Following are today's quotations (in Rs per quintal)