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Medium sugar gains on rising demand

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Press Trust of India Mumbai

Medium sugar prices moved up further at the Vashi wholesale market here today on consistent buying by stockists and bulk consumers coupled with good retail offtake. 

Meanwhile, small sugar closed stable in the absence of necessary buying support.

Medium sugar quality (M-30) edged up by Rs 10 per quintal to Rs 2,841/2,921 from overnight closing level of Rs 2,831/2,921.  

Small sugar quality (S-30), however closed unaltered at Rs 2,801/2,861 per quintal. 

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 2,831/ 2,921) and Small sugar (S-30) quality Rs 2,801/2,861 (Rs 2,801/2,861)

 

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First Published: Feb 22 2011 | 4:16 PM IST

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