Sugar prices settle steady on ample stock
New Delhi: The wholesale sugar market settled quiet in the national capital today on scattered buying support amid adequate stocks.
Marketmen said, ample stocks on increased arrivals from mills, after yesterday's rise of Rs 75 per quintal, along with need base buying by stockists and bulk consumers such as soft-drink and ice-cream makers managed to hold sweetener's prices at overnight levels.
Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 36-42 per kg.
Sugar ready: M-30 Rs 3,550-3,660, S-30 Rs 3,540-3,650.
Mill delivery: M-30 Rs 3,300-3,420, S-30 Rs 3,290-3,410.
Sugar millgate (including duty): Mawana Rs 3,350, Kinnoni Rs 3,420, Asmoli Rs 3,410, Dorala Rs 3,340, Budhana Rs 3,330, Thanabhavan Rs 3,320, Dhanora Rs 3,385, Simbholi Rs 3,380, Khatuli Rs 3,400, Dhampur Rs 3,300, Sakoti 3,310, Modinagar 3,345, Shamli 3,305, Malakpur 3,345, Ramala NA (not available), Anupshaher NA, Baghpat NA, Morna NA, Chandpur NA, Nazibabad NA and Nanota NA.