Sugar Futures Continue Its Downtrend

Sugar Futures continue its downtrend as Exchange has imposed special margin on 10 per cent on long side for Oct contract and 25 per cent on all other running contract The most-active October sugar contract closed 0.88% down to settle at 3,482per quintal last week. Since the start of the year, central government is taking steps to stabilize prices by imposed stock limits on traders and sugar mills, export taxes etc to keep sufficient physical availability in the domestic market.

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