Sugar prices remain steady in thin trade

The wholesale sugar market ended on a steady note today as prices continued to trade in a tight range on alternate small bouts of trading and settled at previous levels.

Market analysts said restricted buying activity against adequate stocks position mainly kept sugar prices steady.

Following were today's quotation in Rs per quintal. 

Sugar ready M-30 2,950-3,050 and S-30 2,925-3,040
Mill delivery M-30 2,750-2,925 and S-30 2,725-2,900

Sugar mill gate prices (excluding duty): Kinonni 2,910, Asmoli 2,900, Mawana 2,860, Titabi 2,850, Thanabhavan 2,760, Budhana 2750 and Dorala 2,850