Sugar steadies in routine trade

 

Sugar prices at the Vashi wholesale market remained steady after witnessing a jump of over 150-200 a quintal. At Vashi, M-grade was up by 10-30, while S-grade lost 30. Naka and mill tender rates were unchanged on routine demand and supply. Freight rates ruled steady at 110-120 per bag (100 kg). Arrivals were about 54-55 truck loads and local dispatches were at the same level. The Bombay Sugar Merchants Association’s spot rates: S-grade 3,280-3,360 and M-grade 3,350-3,642. Nakadelivery rates: S-grade 3,280-3,380 and M-grade 3,330-3,420.

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