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Medium sugar remains weak on poor demand

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Press Trust of India Mumbai

Medium sugar prices continued to drift at the Vashi Wholesale market here today on subdued demand coupled with ample stock positions.

While, small sugar variety closed stable in the absence of worthwhile buying activity.

Medium sugar (M-30) lost Rs 9 per quintal to Rs 2,801/ 2,891 from its overnight closing level of Rs 2,801/2,900.  

The following are today's closing rates per quintal, with the previous rates in brackets:

Medium sugar (M-30) quality Rs 2,801/2,891 (Rs 2,801/ 2,900) and Small sugar (S-30) quality Rs 2,760/2,790 (Rs 2,760/2,790)

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First Published: May 12 2011 | 5:05 PM IST

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