Sugar Futures On NCDEX

Sugar Futures on NCDEX closed little lower due to expectation of higher supplies as stock limits imposed on traders by the govt. Sugar Jul futures closed 0.06% lower to settle at Rs. 3,541 per quintal. However, lower production estimate capped further loss. In current sugar year (Oct-Sep) Sugar mills have produced 246.03 lt of sugar, down 11% as compared to 276.04 lt produced in 2014-15 SS at the same corresponding period.

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