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View Full Version : Sugar closes lower on reduce offtake


vishnuvega
19-05-2008, 07:00 AM
Wholesale sugar prices turned weak upto Rs 15 a quintal in the national capital market today due to increased arrivals against reduced offtake.

Marketmen said weak demand from bulk consumers and local parties added by increased supply from millers brought down the sugar prices.

Sugar future contract for May at NCDEX too remained weak at Rs 1,356 a quintal; this also helped to pulled down the market sentiments