Sugar prices continued to slide by Rs 25 per quintal in the national capital today on slack demand against adequate stocks.
Marketmen said adequate stocks position, reduced offtake from bulk consumers and retailers in view of monsoon rain mainly led to a fall in wholesale sugar prices.
Sugar ready medium and second grades prices eased by Rs 25 each Rs 2,775-2,850 and Rs 2,765-2,840 per quintal, respectively.
Similarly, the mill delivery medium and second traded lower by Rs 20 each at Rs 2,625-2,690 and Rs 2,615-2,680 per quintal, respectively.
Following are today's rates in Rs per quintal:
Sugar ready M-30 2,775-2,850 and S-30 2,765-2,840
Mill delivery M-30 2,625-2,690 and S-30 2,615-2,680
Sugar mill gate prices (excluding duty): Kinonni 2,700, Asmoli 2,695, Mawana 2,650, Titabi 2,630, Thanabhavan 2,610, Budhana 2,600 and Dorala 2,630
