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Sugar weakens on subdued demand

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 8:04 PM IST

Sugar prices fell moderately at the the Vashi wholesale market here today due to reduced offtake from retailers on the back of adequate stock positions.     

Medium sugar quality (M-30) moved down by Rs 5/10 per quintal to Rs 2,841/2,921 from its overnight closing level of Rs 2,851/2,926 per quintal. 

Small sugar quality (S-30) also ended slightly lower at Rs 2,800/2,861 per quintal as compared to Rs 2,801/2,861 yesterday.

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

Medium sugar (M-30) quality Rs 2,841/2,921 (Rs 2,851/ 2,926) and Small sugar (S-30) quality Rs 2,800/2,861 (Rs 2,801/2,861)

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First Published: Mar 01 2011 | 5:18 PM IST

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