Sugar prices flared up at the Vashi wholesale market here today on emergence of heavy buying from stockists and traders to meet brisk consumer demand ahead of the festive season.
Medium sugar quality (M-30) surged by Rs 150/180 per quintal to Rs 2,850/2,950 from Thursday's closing level of Rs 2,700/2,770.
Small sugar quality (S-30) also shot up by Rs 120/155 per quintal to Rs 2,800/2,870 as against Rs 2,680/2,715 yesterday.
Following are today's closing rates per quintal, with previous rates in brackets:
Small sugar (S-30) quality Rs 2,800/2,870 (Rs 2,680/ 2,715) and Medium sugar (M-30) quality Rs 2,850/2,950 (Rs 2,700/2,770)