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Sugar drops on subdued demand

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Press Trust of India Mumbai
Last Updated : Jan 25 2013 | 2:53 AM IST

Sugar prices dropped at the Vashi Wholesale market here today due to sluggish demand from stockists and retailers amidst ample stock positions.

Small sugar quality (S-30) declined by Rs 9/30 per quintal to Rs 2,811/2,831 from last weekend's closing level of Rs 2,820/2,861. 

Medium sugar quality (M-30) also slipped by Rs 10/21 per quintal to Rs 2,850/2,930, as against Rs 2,860/2,951 last Saturday.

The following are today's closing rates per quintal, with the previous rates in brackets:  
Small sugar (S-30) quality Rs 2,811/2,831 (Rs 2,820/ 2,861) and medium sugar (M-30) quality Rs 2,850/2,930 (Rs 2,860/2,951)

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First Published: Feb 07 2011 | 5:06 PM IST

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