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Sugar settles steady on little doing

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Press Trust of India New Delhi
After moving in a tight range on scattered demand, sugar prices ended steady at the wholesale market in the national capital today.

Higher supplies from mills against some demand from bulk consumers, helped sugar prices to end at previous levels, traders said.

Reports of higher production this marketing year so far also influenced sugar prices, they said.

Meanwhile, country's sugar production has increased by 14.27 per cent to 27.37 million tonnes till April of the 2014-15 marketing year, according industry body ISMA.

Besides, higher output

Following are today's quotations (in Rs per quintal)

Sugar retail markets - Rs 30.00-34.00 per kg.
 

Sugar ready: M-30 Rs 2,750-2,860 S-30 Rs 2,740-2,850.

Mill delivery: M-30 Rs 2,545-2,700 S-30 Rs 2,535-2,690.

Sugar millgate (including duty): Mawana Rs 2,610, Kinnoni Rs 2,700, Asmoli Rs 2,690, Dorala Rs 2,610, Budhana Rs 2,605, Thanabhavan Rs 2,595, Dhanora Rs 2,600, Simbholi Rs 2,700, Modi Nagar Rs 2,580, Khatuli Rs 2,680, Dhampur 2,560, Ramala Rs 2,590, Bulandshahr Rs 2,590, Anupshar Rs 2,560, Baghpat Rs 2,600, Morna Rs 2,600, Sakoti Rs 2,580, Chandpur Rs 2,570, Nazibabad Rs 2,580.

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First Published: May 05 2015 | 3:13 PM IST

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