Sugar declined on subdued demand

Both the varieties, small and medium sugar prices declined at the Vashi wholesale market here today on subdued demand from stockist and retailers amid adequate stocks positions following increased supplies from millers against lower demand from bulk consumers.
Medium sugar (M-30) fell Rs 11/10 per quintal to Rs 2,815/2,962 from Thursday's closing level of Rs 2,826/2,972.
Small sugar (S-30) moved down by Rs 7 per quintal to Rs 2,700/2,795 as compared to Rs 2,700/2,802 yesterday.
Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 2,700/2,795 (Rs 2,700/2,802).
Medium sugar (M-30) quality: Rs 2,815/2,962 (Rs 2,826/2,972.