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Sugar continues to slide on sluggish demand

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Press Trust of India Mumbai

Sugar prices continued to slide at the Vashi wholesale market here today due to sluggish demand from stockists coupled with increased supplies from the mills.

Medium sugar quality (M-30) dipped by Rs 10/20 per quintal to Rs 2,630/2,700 from Tuesday's closing level of Rs 2,640/2,720

Small sugar quality (S-30) also eased by Rs 10 per quintal to Rs 2,590/2,640 as against Rs 2,590/2,650 yesterday.  

Following are today's closing rates per quintal, with previous rates in brackets:
Small sugar (S-30) quality Rs 2,590/2,640 (Rs 2,590/ 2,650) and Medium sugar (M-30) quality Rs 2,630/2,700 (Rs 2,640/2,720)

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First Published: Jun 16 2010 | 4:46 PM IST

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