Demand sweetens sugar

Demand sweetens sugar

by admin- Tuesday, June 16th, 2020 08:06:31 AM

Sugar charges have been up by means of ₹10-20 a quintal on the Vashi wholesale market on Monday tracking firm fashion led by means of higher volume at mill stage. However, producers endured to promote at prevailing quotes. Higher demand from neighbouring states amid habitual neighborhood demand supported the feelings, stated assets.

Arrivals had been at 36-38 truck loads (of 10 tonnes each) and local dispatches had been at 37-38 loads. Inventories have been at 75-eighty truck loads. Freight quotes had been consistent at ₹85-100 in step with bag.

On Saturday night, 18-20 turbines supplied tenders and offered approximately 54,000-fifty five,000 baggage at ₹3,a hundred-three,a hundred and seventy for S-grade and ₹three,one hundred seventy-3,250 for M-grade.

The Bombay Sugar Merchants Association spot charges (₹/quintal): S-grade three,260-three,342 and M-grade three,330-3,500. Naka transport rates (₹/quintal): S-grade three,220-three,260 and M-grade three,270-3,350.

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