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Sugar slips on sluggish demand, ample supply

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 1:11 AM IST

Sugar prices declined moderately at the Vashi wholesale market here today due to reduced demand from retailers and bulk consumers coupled with higher stocks positions.

Small sugar quality (S-30) eased by Rs 5/10 per quintal to Rs 2,555/2,600 from Monday's closing level of Rs 2,560/ 2,610.

Medium sugar quality (M-30) also fell by Rs 10 per quintal to Rs 2,575/2,640, as against Rs 2,585/2,650 previously.

Following are today's closing rates per quintal, with previous rates in brackets:     
Small sugar (S-30) quality Rs 2,555/2,600 (Rs 2,560/ 2,610) and Medium sugar (M-30) quality Rs 2,575/2,640 (Rs 2,585/2,650)

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