Sugar prices decline on low demand, ample stocks

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Press Trust of India New Delhi
Last Updated : Aug 20 2018 | 3:05 PM IST

Sugar prices fell by up to Rs 15 per quintal at the wholesale market in the national capital today following ample stocks on increased supplies from mills.

Marketmen said apart from ample stocks, reduced offtake by bulk consumers such as soft-drink and confectioners exerted pressure on sweetner's prices.

Sugar ready M-30 and S-30 shed Rs 10 each to end at Rs 3,330-3,530 and Rs 3,320-3,520 per quintal.

Mill delivery M-30 and S-30 prices also eased by Rs 100 each to finish at Rs 3,180-3,330 and Rs 3,170-3,320 per quintal.

In the mill gate section, sugar Dhanora and Khatuli lost Rs 15 each to Rs 3,290 and Rs 3,305, while Kinnoni and Dhampur inched down by Rs 10 each to Rs 3,330 and Rs 3,180 per quintal.

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

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First Published: Aug 20 2018 | 3:05 PM IST

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