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Sugar prices drop further on good supply

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Press Trust of India Mumbai

Sugar prices dropped further at the Vashi wholesale market here today due to poor demand from retailers amidst good supplies from the mills.

Medium sugar quality (M-30) declined further by Rs 20/40 per quintal to Rs 2,550/2,650 from yesterday's closing level of Rs 2,590/2,670. 

Small sugar quality (S-30) also fell by Rs 5/25 per quintal to Rs 2,535/2,600 as against Rs 2,540/2,625 previously.

Following are today's closing rates per quintal, with previous rates in brackets:      
Small sugar (S-30) quality Rs 2,535/2,600 (Rs 2,540/ 2,625) and Medium sugar (M-30) quality Rs 2,550/2,650 (Rs 2,590/2,670)

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First Published: Aug 03 2010 | 4:24 PM IST

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