Informist, Thursday, Oct 14, 2021

By S. Anirudh Iyer

NEW DELHI – Ex-mill prices of sugar fell in Muzaffarnagar but were steady in the other key wholesale markets today, traders said.

* Prices of the sweetener in Muzaffarnagar, a key market in Uttar Pradesh, fell today because of weak demand from bulk buyers as they have already purchased the commodity as per their requirement.

* Prices were flat in Delhi and Mumbai today because of demand-supply parity. 

* Following are the highlights of sugar trade in the domestic market today:

  (Changes in price per 100 kg)

  --Down 15-20 rupees at 3,720 rupees in Muzaffarnagar

  --Flat at 3,710 rupees in Delhi

  --Flat at 3,605 rupees in Kolhapur

  --Flat at 3,812 rupees in Mumbai

* On the Intercontinental Exchange, the most active March contract of raw sugar was 1.0% lower at 19.64 cents per pound. 

End

US$1 = 75.25 rupees

Edited by Aditya Sakorkar

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