Sugar Futures Fell On Friday

Sugar Futures fell on Friday on reports of higher sugar production figures by ISMA for the current sugar season. The lower production of sugar in Maharashtra has been compensated by two fold increase in Uttar Pradesh production. On weekly basis the prices have been increased due to reports of lower production in Maharashtra. The most-active March sugar contract closed 1.48% higher last week to settle at 3,630 per quintal.

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