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Friday, December 14, 2007
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Commodity News
Dec 12 2007 10:56AM
Sugar futures in red zone

Mumbai - Sugar futures slumped on National Commodity and Derivatives Exchange [NCDEX] on speculative buying on account of cane crushing by most sugar mills in the country.

This year the acreage under cane was at 51.1 lakh hectares, up against las year's 48.3 lakh hectares.

NCDEX Sugar near month December contract is currently trading down by Rs.2 at Rs 1,293/quintal with a volume of 400 tonnes.

Sugar most active January contract is currently trading down by Rs.2 at Rs.1,295/quintal with a volume of 640 tonnes.
  Source:   

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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
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