"The release of levy sugar quota by the government as well as pause on festivities due to "Pitru-paksha" has effected the market sentiments," a traders said.
Medium sugar (M-30) slump by Rs 59/19 per quintal to Rs 3,642/3,742 from Monday's closing level of Rs 3,701/3,761.
Small sugar (S-30) also shed by Rs 18/21 per quintal to Rs 3,582/3,631 as against Rs 3,600/3,652 previously.
The following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 3,582/3,631 (Rs 3,600/3,652).
Medium sugar (M-30) quality: Rs 3,642/3,742 (Rs 3,701/3,761).
