Sugar prices at the Vashi wholesale market ruled mixed and stayed unchanged at naka and mill level on Monday as demand eased.
At Vashi, S-grade was ₹10-20 a quintal higher and M- grade ruled unchanged. Mills sold the commodity at previous day’s prices .
Due to more than enough quota of 22 lakh tonnes for September and being an
Arrivals were about 48-50 truck loads (Each of 10 tonnes) and local dispatches were at 45-46 loads. Inventories were about 95-100 truck loads. Freight rates were steady at ₹80-100 per bag.
On Saturday evening, about 18-20 mills offered tenders and sold about 54,000-55,000 bags at ₹3,150-3,210 for S-grade and ₹3,240-3,320 for M-grade.
The Bombay Sugar Merchants Association spot rates (₹/quintal): S-grade 3,306-3,362 and M-grade 3,400-3,512 .
Naka delivery rates (₹/quintal): S-grade 3,245-3,315 and M-grade 3,365-3,415.