Sugar Insights for January 23, 2017
Commodity Online | January 23 2017
UPDATED 16:23:49 IST

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  • A steady to higher trend was witnessed by the Sugar price in the major spot markets of the country during today’s trade.
  • Delhi spot market witnessed a flat trend during today’s trade, while higher price was seen in the Vashi spot market.  
  • Limited buying was seen in Sugar complex in the Delhi spot market keeping the price steady.
  • Sluggish demand was seen in the Sugar complex in the Vashi spot market today due to higher price, while futures were a little up.  
  • In the Muzaffarnagar spot market Sugar price ruled steady during today’s trading hours and future edged up.
  • Mill gate Sugar price in Uttar Pradesh witnessed a mixed trend during today’s trade.
  • Sugar price is likely to move to the positive side in the near term as lower production is expected in the country this year.
  • Many of the Sugar mills in major producing regions in the country have stopped crushing due to cane shortage.
Commodity Arrivals Rate
Mustard Oil 40 8800.00
Coconut Oil 2.5 16800.00
Arecanut 27 19000.00
Sugar 163.5 3600.00