Monday 23 March 2015

NCDEX SUGAR UP By 0.4% ON SPOT DEMAND

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Sugar prices edged up by 0.38% to Rs 2,369 per quintal in futures trade today as speculators created fresh positions supported by improved demand in the spot market.
Adequate stocks position in the physical market on higher supplies from mills limited the rise.
At the NCDEX sugar for delivery in far-month May month was up by Rs 9, or 0.38% to Rs 2,369 per quintal with an open interest of 40,330 lots.

The sweetner for delivery in March contracts traded higher by Rs 8, or 0.33% to Rs 2,421 per quintal in 9,440 lots.
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