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Sugar drops on sluggish demand

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 1:18 AM IST

Sugar prices dropped at the Vashi wholesale market here today due to weak retail demand amid lack of buying interest from bulk consumers.

Small sugar quality (S-30) declined by Rs 10/29 per quintal to Rs 2,620/2,641 from Tuesday's closing level of Rs 2,630/2,670.

Medium sugar quality (M-30) also fell by Rs 10/20 per quintal to Rs 2,645/2,740, as against Rs 2,655/2,760 previously.   

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

Small sugar (S-30) quality Rs 2,620/2,641 (Rs 2,630/ 2,670) and Medium sugar (M-30) quality Rs 2,645/2,740 (Rs 2,655/2,760)

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