Sugar futures weaken on sluggish demand, higher supply
- IPL spot-fixing case: Net widens, police watching 3 more players, other bookies
- IPL 2013: Imperious Brad Hodge powers Rajasthan Royals to qualifier
- Sonia Gandhi, PM Manmohan Singh slam BJP for disrupting Parliament, stalling bills
- IPL spot-fixing: 'Bookie' Vindoo was close to BCCI chief's son-in-law, say cops
- Jessica Lall case: Shayan Munshi to face perjury trial
Amid subdued demand and higher supplies into the spot markets, sugar prices fell by Rs 15 to Rs 3,245 per quintal in futures trade today.
At the National Commodity and Derivatives Exchange, sugar prices for delivery in December declined by Rs 15, or 0.15 per cent, to Rs 3,245 per quintal, with an open interest of 3,950 lots.
The sweetener for delivery in January traded Rs 6, or 0.18 per cent lower at Rs 3,292 per quintal in an open interest of 31,630 lots.
Marketmen said decline in sugar futures prices was mostly due to fall in demand and higher supplies in the spot markets.
- Fixing probe now reaches Bollywood, son of Dara Singh held
- BCCI cashes Pune Warriors guarantee, 'disgusted' Sahara walks out of IPL
- Sreesanth spent Rs 1.95L on clothes, bought friend BlackBerry, paid in cash: Police
- Delhi firm with MoD as client is linked to Pak cyberattacks
- After Infosys, iGATE sacks Phaneesh Murthy for sexual misconduct
- 2 weeks after harassment, Haryana schoolgirls return, cops in tow