Sugar millgate price softens on sluggish demand

Sugar millgate prices softened by Rs 10 per quintal in the national capital today following lack of buying support.

Marketmen said slack demand from stockists and bulk consumers, pulled down sugar millgate prices.

In millgate section, sugar titabi and dorala shed Rs 10 each to Rs 2,680 and Rs 2,685 per quintal. 

Following are today's rates in Rs per quintal:

Sugar ready M-30 2,840-2,940 and S-30 2,830-2,930
Mill delivery M-30 2,640-2,740 and S-30 2,630-2730

Sugar mill gate prices (excluding duty): Kinonni 2,720, Asmoli 2,730, Mawana 2,690, Titabi 2,680, Thanabhavan 2,675, Budhana 2,670 and Dorala 2,685