Sugar eases on ample supply

Sugar prices declined moderately at the Vashi Wholesale market here today on reduced offtake from stockists and bulk consumers amid adequate stock position.

Small sugar quality (S-30) dropped by Rs 9-20 per quintal to Rs 2,841-2,902 from last Saturday's closing level of Rs 2,861-2,911.

Medium sugar quality (M-30) also fell by Rs 9-10 per quintal to Rs 2,891-2,971, as compared with Rs 2,900-2,981 last weekend.

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

Small sugar (S-30) quality Rs 2,841-2,902 (Rs 2,861- 2,911) and medium sugar (M-30) quality Rs 2,891-2,971 (Rs 2,900-2,981)