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Medium sugar dips on good supply

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Press Trust of India Mumbai

Medium sugar prices continued to fall at the Vashi wholesale market here today due to reduced buying from retailers coupled with ample stock positions.

Meanwhile, Small sugar ended stable owing to lack of buying support. Medium sugar quality (M-30) eased by Rs 10 per quintal to Rs 2,710/2,780 from overnight closing level of Rs 2,710/2,790.

However, small sugar quality (S-30) closed unchanged at Rs 2,680/2,710 per quintal.

Following are today's closing rates per quintal, with previous rates in brackets:

Small sugar (S-30) quality Rs 2,680/2,710 (Rs 2,680/ 2,710) and Medium sugar (M-30) quality Rs 2,710/2,780 (Rs 2,710/2,790)

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First Published: Jul 16 2010 | 5:07 PM IST

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