Sugar closes quiet on some support

Sugar prices ended quiet in the national capital following sporadic buying amid restricted arrivals.

Sugar prices ended quiet in the national capital today following sporadic buying amid restricted arrivals.

Marketmen said fall in arrivals against reduced off-take due to month-ending mainly held prices around overnight levels.

Following were today quotations in Rs per quintal: Sugar ready: M-30 3,900- 4,000, S-30 3,875-3,975.

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Mill delivery: M-30 3,600-3,970; S-30 3,575-3,950. Sugar mill gate (including duty): Mawana 3880, Kinnoni 3980, Asmoli 3870, Dorala 3810, Budhana N.T, Thanabhavan N.T, Ramala 3640, Bulandshar N.T, Morna NT, Sakoti NT, Chandpur NT, Dhanora 3780, Khatuli 3770, Baghpat NT, Amroha NT, Simbholi 3900, Modi Nagar 3750, Anupshar NT and Nazibabad NT.

On the proposed Food bill, Thomas said, “We are working very hard and we plan to introduce the bill in the next session of Parliament”.

The proposed Food Bill, which aims to give legal right over subsidised foodgrains to 63.5 per cent of the country’s population, was introduced in Lok Sabha in December 2011. It is currently being vetted by a Parliamentary panel.

Thomas said the term of the Parliamentary Standing Committee on Food, headed by Vilasrao Baburaoji Muttemwar, has expired and a new Committee is being constituted.

“I understand that Vilasrao Muttemwar will continue as chairman. After the committee submits the report, I will immediate study it and take it to the cabinet with whatever changes required,” the minister said.

The Food Bill, a pet project of UPA chairperson Sonia Gandhi, and was part of the promises made during 2009 general elections.

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First published on: 28-09-2012 at 17:06 IST
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