Tuesday, 5 April 2016

Daily Sugar Price Review & Market Highlights

NCDEX sugar futures slumped on Friday on account of profit booking triggered by lowering on buying interest at higher prices level whereas weaker export prospects prompted speculators to cover their long positions. Most active sugar contract at NCDEX settled at Rs.3538/quintal on Friday, down by 2.70 % from the previous close. 

However, sugar prices showed mixed trade at Spot front as S grade and M graded rose by Rs.30 and Rs.25 respectively on Friday and traded at Rs.3570-3702 and Rs.3662 – 3882 per quintal at Vashi market.

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