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Sugar weakens on poor offtake

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Press Trust of India Mumbai
Last Updated : Aug 23 2016 | 4:02 PM IST
Prices of both varieties of sugar weakened at the Vashi wholesale market here today following lower demand from stockists and retailers.
Small sugar prices edged down by Rs 2 per quintal to Rs 3,660/3,762 from Monday's closing level of Rs 3,662/3,762.
Medium sugar prices declined by Rs 10/10 per quintal to Rs 3,726/3,872 as compared Rs 3,736/3,882 yesterday. Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 3,660/3,762 (Rs 3,662/3,762).
Medium sugar (M-30) quality: Rs 3,726/3,872 (Rs 3,736/3,882).

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First Published: Aug 23 2016 | 4:02 PM IST

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