Sugar prices continued its uptrend at the Vashi wholesale market here today on sustained demand from stockists and retailers amidst good seasonal offtake.
While, country's sugar production has dropped by 7 per cent to 21.5 million tonnes in the first six months of the current marketing year due to lower output in key producing belts.
Small sugar (S-30)gained by Rs 30/5 per quintal to Rs 3,232/3,380 from Tuesday's closing level of Rs 3,202/3,375.
Medium sugar(M-30) also moved-up by Rs 8/4 per quintal to Rs 3,350/3,506 as compared to Rs 3,342/3,502 yesterday.
Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 3,232/3,380 (Rs 3,202/3,375).
Medium sugar (M-30) quality: Rs 3,350/3,506 (Rs 3,342/3,502).
