Sugar prices rise on firm spot demand

Sugar prices rose by up to Rs 10 per quintal at the wholesale sugar market in the national capital today following unabated buying by stockists and bulk consumers ahead of next month and tight supplies.

Marketmen said besides restricted supplies from mills, sustained buying by stockists and bulk consumers to meet demand for the coming month, kept sweetener's prices higher.

Sugar ready M-30 and S-30 prices were higher by Rs 10 each to Rs 3,450-3,550 and Rs 3,440-3,540 per quintal, respectively.

Mill delivery M-30 and S-30 prices also settled marginally higher by Rs 5 each to Rs 3,160-3,330 and Rs 3,150-3,320 per quintal, respectively.

In the mill gate section, sugar Kinnoni and Dhanora edged up by Rs 5 each to Rs 3,330 and Rs 3,300 per quintal, respectively.

Prices of Malakpur also went up by Rs 10 to Rs 3,200 per quintal.

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