Tuesday, 13 May 2014

Sugar futures exhibit mixed trend on NCDEX

Sugar futures exhibited mixed trend on NCDEX as the May contracts traded high on the back of some buying support from retailers and bulk consumers. While June contracts traded down due to heavy stocks position on increased supplies by mills.
The contract for May delivery was trading at Rs 3088.00, up by 0.03% or Rs 1.00 from its previous closing of Rs 3087.00. The open interest of the contract stood at 32050.00 lots.
The contract for June delivery was trading at Rs 3034.00, down by 0.49% or Rs 15.00 from its previous closing of Rs 3049.00. The open interest of the contract stood at 55910.00 lots on NCDEX.

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