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Sugar drops further on ample supply

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Press Trust of India Mumbai

Sugar prices dropped further at the Vashi wholesale market here today on reduced offtake from stockists amid increased arrivals from mills.

Small sugar quality (S-30) declined by Rs 30/35 per quintal to Rs 2,790/2,850 from Tuesday's closing levels of Rs 2,825/2,880

Medium sugar quality (M-30) also eased by Rs 10 per quintal to Rs 2,840/2,930 as against Rs 2,850/2,940 of yesterday

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

Small sugar (S-30) quality Rs 2790/2850 (Rs 2825/2880) and medium sugar (M-30) quality Rs 2840/2930 (Rs 2850/2940).

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First Published: May 19 2010 | 6:14 PM IST

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