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Sugar prices continued their bullish trend on back of firm mill tender rates, higher volume and bullish overseas, domestic futures. On Tuesday evening ,Maharashtra’s mills sold the commodity at ₹10-20 a quintal higher which lifted sentiment in spot market. Arrivals to the Vashi market were about 61-62 truck loads and local dispatches were at 63-64 loads. The Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,552-3,682 (3,562-3,672) and M-grade ₹3,646-3,780 (3,620-3,772). Naka delivery rates: S-grade ₹3,540-3,620 (3,540-3,620) and M-grade ₹3,640-3,720 (3,640-3,720).
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