India sugar prices up in key spot markets, down over 1% on NCDEX.

Prices of sugar rose in the key wholesale markets of north India as supplies were disrupted due to religious processions on some routes connecting western Uttar Pradesh to the national capital. Sugar prices also inched up in the key spot markets of Maharashtra as millers quoted higher prices. On the National Commodity and Derivatives Exchange, however, sugar futures were in the red due to expectations of higher sugar output in 2017-18 (Oct-Sep).