Sugar up 0.6% on lifting of curb hopes

Sugar futures for March traded Rs 19, or 0.63%, higher at Rs 3,015 per quintal in 12,620 lots.     

At the National Commodity and Derivatives Exchange (NCDEX), the far-month April contract gained Rs 11, or 0.36% to Rs 3,074 per quintal in 38,960 lots.     

Epectations that the government would consider lifting some curbs on the controlled sector triggered the uptrdend in the sugar futures trade.

Besides, speculators enlarging positions on hopes that the government would lift some curbs on the controlled industry.

Ample supplies in the market capped the gains.