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Sugar drops on sluggish demand, higher supply

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 2:09 AM IST

Sugar prices dropped at the Vashi wholesale market here today due to subdued demand from stockists and bulk consumers amid adequate stock availability.

Medium sugar (M-30) declined by Rs 15 per quintal to Rs 2,731-2,851 from last weekend's closing level of Rs 2,746-2,851.

Small sugar (S-30) also moved down by Rs 9-12 per quintal to Rs 2,691-2,732 as against Rs 2,703-2,741 previously. 

The following are today's closing rates for sugar (per quintal), with the previous rates given in brackets: 

Medium sugar (M-30) quality: Rs 2,731-2,851 (Rs 2,746-2,851)
Small sugar (S-30) quality: Rs 2,691-2,732 (Rs 2,703-2,741)

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First Published: May 30 2011 | 5:36 PM IST

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