Sugar mill prices up on better offtake

NEW DELHI: Sugar prices improved by Rs 25 per quintal in the national capital today following restricted arrival along with better offtake.

Marketmen said restricted supply in the face of rising demand from bulk consumers like ice-cream and softdrink makers mainly pushed up the sweeteners prices.

Sugar mill delivery medium and second grade prices improved from Rs 2,825-3,000 and Rs 2,800-2,975 to end at Rs 2,840-3,025 and Rs 2,925-3,000 per quintal.

Among millgate section, sugar titabi rose to settle at Rs 2,940 per quintal. Khatauli also hardened to finish at Rs 2,940 per quintal.

The following are today's quotations per quintal: Sugar ready: M-30 3,025-3,150, S-30 2,975-3,100. Mill delivery: M-30 2,840-3,025; S-30 2,825-3,000. Sugar mill gate prices (excluding duty): Kinnoni 3,030, Asmoli 2,975, Mawana 2,960, Titabi 2,940, Thanabhavan 2,900, Budhana 2,895, Dorala 2,945, Khatauli 2,940, Morna 2,880 and Ramala 2,860.