Sugar market still holding on to its small spikes...
West UP mills quoting @ Rs. 13.90 to 14.20 ex-mill where as East & Central UP is quoting 13.50 to 13.70. West and south markets are quite and with South averaging about Rs. 12.
NCDEX Expiry is nearing and no good quality sugar available for deliveries, which may result in some positive run in Sep & Oct contracts. Any spike in Dec/ Jan/ Feb 2008 contract is an opportunity to sell.
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