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Sugar prices rise on strong demand

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 6:21 AM IST

Sugar prices maintained its buoyancy at the Vashi Wholesale market here on persistent demand from stockists and bulk traders.

"Sugar prices may rise further as there is strong demand from Northern and Eastern states in view of festive season along with rising trend in international markets, traders said.

Medium sugar quality (M-30) hardened by Rs 30/33 per quintal to Rs 2,844-2,911 from Thursday's closing level of Rs 2,811-2,881.

Small sugar quality (S-30) also rose by Rs 11-30 per quintal to Rs 2,801-2,851, as compared with Rs 2,771-2,840 in the previous session.

The following are today's closing rates per quintal, with the previous rates in brackets:

Small sugar (S-30) quality Rs 2,801-2,851 (Rs 2,771-2,840) and medium sugar (M-30) quality Rs 2,844-2,911 (Rs 2,811-2,881).

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First Published: Nov 08 2010 | 5:08 PM IST

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