BIZ-WEEKLY-MARKETS-REPORT 4
Sugar: Sugar prices drifted lower at the wholesale marketSugar: Sugar prices drifted lower at the wholesale marketduring the week, dragged down by adequate stocks position onincreased supplies from producing belts. But festive seasondemand, capped the fall.
Marketmen said sufficient stocks position on increasedarrivals from mills mainly weighed on sugar prices but ongoingfestive season demand restricted the slide.
In the national capital, sugar ready M-30 and S-30declined by Rs 10 each to Rs 3,950-4,100 and Rs 3,940-4,090per quintal, respectively.
Mill delivery M-30 and S-30 followed suit and enquiredlower by a similar margin to Rs 3,615-3,825 and Rs 3,605-3,805per quintal, respectively.
In the millgate section, Kinnoni, Dorala and Budhana alsoshed Rs 10 each to Rs 3,825, Rs 3,770 and Rs 3,760 perquintal, respectively.
Dhampur and Khatauli too fell by Rs 40 and Rs 25 to Rs3,700 and Rs 3,805, while Sakoti traded lower by Rs 20 to Rs3,730 per quintal, respectively.
Ramala, Nazibabad and Nanota finished lower by Rs 15 eachto Rs 3,620, Rs 3,620 and Rs 3,620 per quintal, respectively.
Thanabhavan declined by Rs 15 to Rs 3,750, while Anupsharand Baghpat shed Rs 10 each to Rs 3,615 and Rs 3,645 perquintal, respectively. (MORE) PTI KPS SUN ADIMKJ.
This is unedited, unformatted feed from the Press Trust of India wire.