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Sugar eases on sluggish demand, ample supply

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Press Trust of India Mumbai

Sugar prices eased at the Vashi wholesale market here today due to subdued demand from stockists and retail consumers amidst ample stock positions.  

Medium sugar (M-30) moved down by Rs 5 per quintal to Rs 2,781/2,961 from last weekend's closing level of Rs 2,786/ 2,966. 

Small sugar (S-30) also softened to Rs 2,733/2,762 per quintal to Rs 2,731/2,762 previously.

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

Medium sugar (M-30) quality: Rs 2,781/2,961 (Rs 2,786/2,966)
Small sugar (S-30) quality: Rs 2,733/2,762 (Rs 2,731/2,762)

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First Published: Jul 04 2011 | 5:34 PM IST

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