Sugar prices slip on low demand

Weak conditions prevailed at the wholesale sugar market in the national capital today on muted demand from bulk consumers against sufficient stocks position.
Marketmen said tepid demand from bulk consumers against adequate stocks position kept pressure on sugar prices.
Sugar ready M-30 and S-30 eased to Rs 3,800-3,870 and Rs 3,800-3,860 against last close of Rs 3,820-4,000 and Rs 3,810-3,990 per quintal.
Mill delivery M-30 and S-30 slipped to Rs 3,550-3,690 and Rs 3,530-3,680 as compared to previous levels of Rs 3,540-3,720 and Rs 3,530-3,710 per quintal.
In the millgate section, Asmoli and Simbholi also quoted lower at Rs 3,680 and Rs 3,690 instead of Rs 3,710 and Rs 3,720 per quintal.

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

Sugar retail markets - Rs 39.00-41.00 per kg.
Sugar ready: M-30 Rs 3,800-3,870, S-30 Rs 3,800-3,860.
Mill delivery: M-30 Rs 3,550-3,690, S-30 Rs 3,530-3,680.
Sugar millgate (including duty): Mawana Rs not traded, Kinnoni Rs N.T., Asmoli Rs 3,680, Dorala Rs 3,620, Budhana Rs N.T.,Thanabhavan Rs N.T., Dhanora Rs 3,570, Simbholi Rs 3,690, Khatuli Rs 3,680, Dhampur Rs 3,530, Ramala Rs 3,560, Anupshaher Rs 3,560, Baghpat Rs 3,570, Morna Rs 3,570, Sakoti Rs 3,570, Chandpur Rs 3,530, Nazibabad Rs 3,540, Modi nagar 3,515 and Malakpur Rs N.T.