Don’t miss the latest developments in business and finance.

Sugar drops on poor demand, good supply

Image
Press Trust of India Mumbai
Last Updated : May 12 2014 | 4:34 PM IST
Sugar prices dropped at the Vashi wholesale market here today due to lack of buying from stockists and retailers amid continued selling by mills.
Small sugar (S-30) fell by Rs 20 per quintal to finish at Rs 3,132/3,282 from last Saturday's closing level of Rs 3,152/3,282.
Medium sugar (M-30) also lost by a similar margin to settle at Rs 3,182/3,452 per quintal as against Rs 3,202/3,472 previously.
Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 3,132/3,282 (Rs 3,152/3,282).
Medium sugar (M-30) quality: Rs 3,182/3,452 (Rs 3,202/3,472).

Also Read

First Published: May 12 2014 | 4:34 PM IST

Next Story