Sugar up 0.15% on increased demand

Sugar futures for March rose by Rs 5, or 0.15%, to Rs 3,239 per quintal in 13,770 lots.

At the National Commodity and Derivatives Exchange, the February contract edged up by Rs 4, or 0.13% to Rs 3,199 per quintal in 42,590 lots.

Fesh positions created by speculators, rise in demand from bulk consumers supported the tarade.

Ongoing wedding season triggered the uptrend.

However, ample stocks following higher supplies in the physical market restricted the rise.