Mumbai, Nov 30 (Commoditiescontrol) Sugar prices stayed almost steady in the benchmark market of Mumbai on Wednesday amid slow demand from the wholesalers as well as the bulk consumers.
Meanwhile, the central govt has allowed the exchange of 2.14 lakh tonnes (lt) of sugar export afresh between mills and has adjusted them with the domestic quota, taking the total quantity to over 4.5 lt, so far.
The Food Ministry allowed the exchange of quota on November 28 for the 2.14 lt as sought by 17 sugar mills,
Bombay Sugar Merchants’ Rates:
S-30 at Rs 3462-3556 per quintal
M-30 at Rs 3530-3662 per quintal
Naka delivery rates:
S-30 at Rs 3420-3460 per quintal
M-30 at Rs 3450-3500 per quintal