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Wednesday, November 28, 2007
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Commodity News
Nov 27 2007 10:16AM
Sugar futures shed previous gains

Mumbai - Sugar futures reversed the previous session's gains amid profit-booking and heavy selling by traders and speculators on the National Commodity and Derivatives Exchange [NCDEX] Tuesday. The sugar futures were trading lower during the initial trade with movement in a narrow range.

NCDEX December-07 sugar opened down Rs 17 at Rs 1318/quintal, and saw movement in the range of Rs 1310 and Rs 1322/quintal. At 10.13 am IST, the contract was trading down Rs 13 at Rs 1322/quintal with a volume of 2980 tonnes.

January-08 sugar opened down Rs 20 at Rs 1332/quintal, and fluctuated between Rs 1322 and Rs 1339/quintal. At 10.14 am IST, the sugar contract was trading down Rs 18 at Rs 1334/quintal with a volume of 3790 tonnes.

February-08 sugar opened down Rs nine at Rs 1290/quintal, and fluctuated between Rs 1287 and Rs 1294/quintal. At 10.14 am IST, the sugar contract was trading down Rs seven at Rs 1292/quintal with a volume of 690 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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