Sugar falls on weak demand

Prices fell due to rising supplies from mills

Sugar futures for February fell Rs 13, or 0.42% to Rs 3,054 per quintal in 27,710 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the March contract moved down by Rs 11, or 0.35% to Rs 3111 per quintal in 23,830 lots.

Prices fell as speculators offloaded their positions on the back of weak demand against rising supplies from mills at spot market affected the trade.