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Sugar declines on ample supply, weak demand

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 8:45 PM IST

Sugar prices continued to trade lower at the Vashi wholesale market here today due to lack of retail buying coupled with better supplies.

Medium sugar (M-30) fell by Rs 1/10 per quintal to Rs 2,791/2,901 from Thursday's closing level of Rs 2,792/2,911.

Small sugar (S-30) also moved down by Rs 4 per quintal to Rs 2,751/2,821 as compared to Rs 2,751/2,825 yesterday.

The following are today's closing rates per quintal, with the previous rates in brackets:   

Medium sugar (M-30) quality Rs 2,791/2,901 (Rs 2,792/ 2,911) and Small sugar (S-30) quality Rs 2,751/2,821 (Rs 2,751/2,825)

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