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Sugar drops further on poor demand

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

Sugar prices dropped further at the Vashi wholesale market here today due to ample stocks position amid reduced offtake from stockists.

Medium sugar quality (M-30) slipped by Rs 10/30 per quintal to Rs 2,640/2,720 from overnight closing level of Rs 2,650/2,750.

Small sugar quality (S-30) also moved down by Rs 10 per quintal to Rs 2,590/2,650 as against Rs 2,600/2,660 yesterday.

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

Small sugar (S-30) quality Rs 2,590/2,650 (Rs 2,600/ 2,660) and Medium sugar (M-30) quality Rs 2,640/2,720 (Rs 2,650/2,750).

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