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Sugar drops on stockists selling, weak demand

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 10:58 PM IST

Sugar prices dropped at the Vashi wholesale market here today due to moderate selling by traders and stockists amid subdued demand from bulk consumers.

Small sugar (S-30) fell by Rs 15/39 per quintal to Rs 2,726/2,772 from its overnight closing level of Rs 2,741/ 2,811.

Medium sugar (M-30) also eased by Rs 4/5 per quintal to Rs 2,796/2,961 as compared to Rs 2,800/2,966 previously.   

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

Small sugar (S-30) quality: Rs 2,726/2,772 (Rs 2,741/2,781)
Medium sugar (M-30) quality: Rs 2,796/2,961 (Rs 2,800/2,966)

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