MUMBAI: Indian sugar futures are seen up ahead of key sowing data on cane planting to be released later in the day and on expectations of lower delivery in the near-month contract, which expires on Aug 20, analysts said.
The sugar September futures ended down 1.55 percent at 1,773 rupees per 100 kg on the National Commodity and Derivatives Exchange on Thursday.
However, higher inflation number and expectations of a drop in physical demand may limit the gains, analysts said.
The sugar September futures ended down 1.55 percent at 1,773 rupees per 100 kg on the National Commodity and Derivatives Exchange on Thursday.
However, higher inflation number and expectations of a drop in physical demand may limit the gains, analysts said.
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