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Sugar softens on subdued demand

Press Trust of India  |  Mumbai 

Both the varieties of sugar softened at the Vashi wholesale market following subdued demand from stockists and retailers amidst poor offtake from millers.

Small sugar (S-30) prices moved down by Rs 5/5 per quintal to Rs 3,545/3,790 from Monday's close at Rs 3,550/3,795.

Medium sugar (M-30) prices edged down by Rs 2 per quintal to Rs 3,640/3,960 as compared Rs 3,642/3,960 yesterday.

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

Small sugar (S-30) quality: Rs 3,545/3,790 (Rs 3,550/3,795).

Medium sugar (M-30) quality: Rs 3,640/3,960 (Rs 3,642/3,960).

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 29 2016. 16:22 IST