Business Standard

Sugar drops on stockists selling, weak demand

Image

Press Trust of India Mumbai

Sugar prices dropped at the Vashi wholesale market here today due to moderate selling by traders and stockists amid subdued demand from bulk consumers.

Small sugar (S-30) fell by Rs 15/39 per quintal to Rs 2,726/2,772 from its overnight closing level of Rs 2,741/ 2,811.

Medium sugar (M-30) also eased by Rs 4/5 per quintal to Rs 2,796/2,961 as compared to Rs 2,800/2,966 previously.   

The following are today's closing rates for sugar (per quintal), with the previous rates given in brackets:

Small sugar (S-30) quality: Rs 2,726/2,772 (Rs 2,741/2,781)
Medium sugar (M-30) quality: Rs 2,796/2,961 (Rs 2,800/2,966)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 01 2011 | 5:32 PM IST

Explore News