Sugar Futures Prices Recover Slightly On Friday



Sugar Futures prices recover slightly on Friday on bargain buying but reported weekly drop in prices as Exchange has imposed special margin on 10 % on long side for Oct contract and 25 % on all other running contract. the most-active October sugar contract closed 0.34% higher on Friday to settle at 3,494per 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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