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Sugar drops on reduced demand, ample supplies

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Press Trust of India Mumbai
Sugar prices dropped at the Vashi wholesale market here today due to reduced demand from stockists and retailers amidst ample supplies.

Medium sugar (M-30) dipped by Rs 44 per quintal to Rs 2,602/2,812 from Wednesday's closing level of Rs 2,646/2,812.

Small sugar (S-30) declined by Rs 24/17 to Rs 2,476/ 2,625 per quintal as against Rs 2,500/2,642 yesterday.

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

Small sugar (S-30) quality: Rs 2,476/2,625 (Rs 2,500/2,642).

Medium sugar (M-30) quality: Rs 2,602/2,812 (Rs 2,646/2,812).

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First Published: Mar 19 2015 | 3:57 PM IST

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