Sugar prices flat in spot market on subdued trade.

Prices of sugar were unchanged in the key wholesale markets of Mumbai and Muzaffarnagar because of subdued trade. Mill owners did not lower prices of sugar despite a fall in demand. Earlier this month, prices had risen as retail and bulk demand had improved. Prices at both the markets were unchanged from previous close. On the NCDEX, the most-active May contract traded up 0.2% from the previous close.