The Hindu Business Line

Mixed outing for sugar

- OUR CORRESPOND­ENT

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).

 ??  ?? The arrival and price of increased at Erode markets increased on Friday. “The farmers brought 4,600 bags of good quality turmeric. Traders who received fresh upcountry and local demands were showing keen interest in buying the turmeric,” said RKV...
The arrival and price of increased at Erode markets increased on Friday. “The farmers brought 4,600 bags of good quality turmeric. Traders who received fresh upcountry and local demands were showing keen interest in buying the turmeric,” said RKV...

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