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Sugar declines on subdued demand

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 3:13 AM IST

Sugar prices declined at the Vashi wholesale market here today on sluggish demand from stockists and retailers amid higher supplies from the mills.

Medium sugar quality (M-30) dipped by Rs 30 per quintal to Rs 2,650/2,750 from last Saturday's closing level of Rs 2,680/2,750.

Small sugar quality (S-30) also fell by Rs 20 per quintal to Rs 2,600/2,660 as against Rs 2,620/2,680 previously.

Following are today's closing rates per quintal, with previous rates in brackets:

Small sugar (S-30) quality Rs 2,600/2,660 (Rs 2,620/ 2,680) and Medium sugar (M-30) quality Rs 2,650/2,750 (Rs 2,680/2,750)

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