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 Sugar prices on the Vashi market showed a mixed trend on Wednesday (31 October 2012). Prices in spot ruled steady on routine demand - supply while at naka level it improved by Rs 5 for M grade and declined by Rs 10-15 for S grade. Mill tender rates rose by Rs 10-15 on higher festival demand and firm futures markets.

According to the Bombay Sugar Merchants Association, the spot sugar rates were: S-grade Rs 3,492-3,561 (Rs 3,492-3,561) and M-grade Rs 3,552-3,701 (Rs 3,550- 3,701). Naka delivery rates were: S-grade Rs 3,440-3,480 (Rs 3,450-3,500) and M-grade Rs 3,500-3,650 (Rs 3,500-3,650).