Increased quantity lifts sugar fees

Increased quantity lifts sugar fees

by admin- Tuesday, June 9th, 2020 07:56:52 AM

Increased volume at mill stage lifted sugar charges at naka level via ₹10 on Monday whilst neighborhood demand stored spot rates unchanged. Producers offered more than double the quantity at a regular price. With the lifting of lockdown, morale became company, resources stated.

Arrivals at Vashi multiplied to twenty-eight-30 truckloads and neighborhood dispatches were at 25-26 truckloads. Inventory at Vashi went up to seventy five-80 truckloads. Freight charges had been regular at ₹eighty-a hundred in keeping with bag.

On Saturday evening, 18-20 mills bought fifty eight,000-60,000 bags at ₹three,one hundred ten-three,170 (₹3,a hundred-3,a hundred and seventy) of S-grade and ₹3,one hundred sixty-3,230 (₹3,150-three,230) of M-grade.

The Bombay Sugar Merchants Association’s spot charges (₹/quintal): S-grade three,250-3,342 (3,250-three,352) and M-grade 3,330-three,490 (3,330-3,490).

Naka shipping costs (₹./quintal): S-grade three,210-three,250 (three,2 hundred-3,240) and M-grade 3,240-3,350 (three,230-three,340).

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