The Hindu Business Line
Mixed outing for sugar
Sugar spot prices were steady and futures were weak on Friday on back of routine demandsupply amid increased selling pressure.
Naka prices were unchanged. Mill tender rates were also stable. Sources said arrivals and local dispatches remained normal. Freight rates were steady. Arrivals declined to about 57-58 truck loads and local dispatches were also at the same level. The Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,542-3,751 (3,542-3,751) and M-grade was ₹3,632-3,892 (3,632-3,892). delivery rates: S-grade
Naka ₹3,520-3,600 (3,520-3,600) and M-grade ₹3,6203,700 (3,620-3,700).