Sugar prices unchanged – The Hindu BusinessLine

Ongoing source from mills, enough quota for Oct 20, and want-centered bulk and nearby desire

Ongoing source from mills, enough quota for Oct 20, and want-centered bulk and nearby desire held sugar selling prices unchanged at Vashi on Monday. Mill tender costs decline by ₹10 as mills continual marketing to take care of finance. Because of to limited desire, marketing force held morale continual, stated resources.

Arrivals at Vashi were being about 32-34 truckloads (every single of ten tonnes) and nearby dispatches were being at exact same stage. At Vashi, stock achieved to a hundred truckloads. Freight costs were being continual ₹80-a hundred for each bag.

Marketplace players were being optimistic about increased competition desire through the 2nd 50 % of Oct, particularly from North-East, alongside with the bulk desire with opening of lodge, dining establishments and canteens and so forth, resources stated.

On Saturday evening, fourteen-15 mills supplied tenders and marketed about 32,000-34,000 luggage at ₹3,one hundred ten-3,a hundred and eighty (₹3,120-3,a hundred ninety) for S-grade and ₹3,two hundred-3,280 (₹3,two hundred-3,290) for M-grade.

On Bombay Sugar Merchants Association’s spot costs (₹/quintal): S-grade ₹3,256-3,342 (₹3,256-3,332) and M-grade ₹3,370-3,492 (₹3,370-3,492).

Naka shipping and delivery costs (₹/quintal): S-grade ₹3,230-3,280 (₹3,230-3,280) and M-grade ₹3,310-3,380 (₹3,310-3,380).