Wednesday, 4 June 2014

Sugar futures trade down on mounting stocks

Sugar futures traded down on NCDEX due to mounting stocks following increased supplies from millers. However, seasonal demand form ice-cream and soft-drink makers, capped the fall in prices in future trade.
The contract for June delivery was trading at Rs 3004.00, down by 0.03% or Rs 1.00 from its previous closing of Rs 3005.00. The open interest of the contract stood at 39160.00 lots.
The contract for July delivery was trading at Rs 2968.00, down by 0.07% or Rs 2.00 from its previous closing of Rs 2970.00. The open interest of the contract stood at 25020.00 lots on NCDEX.

No comments:

Post a Comment