Sugar prices closed Rs 10 per quintal lower in the national capital today on sluggish demand amid adequate stocks position.
Marketmen said poor buying support along with sufficient position of stocks, mainly pulled down sugar prices.
Sugar ready medium and second grade prices slipped by Rs 10 each to settle at Rs 2,890-2,990 and Rs 2,880-2,980 instead of Rs 2,900-3,000 and Rs 2,890-2,990 per quintal.
Mill delivery medium and second grade price also eased by Rs 10 each to Rs 2,790-2,890 and Rs 2,780-2,880 per quintal.
Following are today's rates in Rs per quintal:
Sugar ready M-30 2,890-2,990 and S-30 2,880-2,980
Mill delivery M-30 2,790-2,890 and S-30 2,780-2880
Sugar mill gate prices (excluding duty): Kinonni 2,770, Asmoli 2,780, Mawana 2,700, Titabi 2,700, Thanabhavan 2,680, Budhana 2,670 and Dorala 2,700