Medium sugar eases on good supply

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Medium sugar prices eased at the Vashi wholesale market here today due to higher stock positions, coupled with good supplies from mills.
Meanwhile, small sugar displayed a mixed pattern of trading owing to alternate bouts of buying and selling.
Medium sugar quality (M-30) softened by Rs 5 per quintal to Rs 2,890/2,970 from last weekend's closing levels of Rs 2,895/2,970. However, small sugar quality (S-30) was quoted at Rs 2,860/2,900 per quintal against Rs 2,850/2,910 last week.
The following are today's closing rates per quintal, with previous rates in brackets.
Small sugar (S-30) quality Rs 2,860/2,900 (Rs 2,850/2,910) and medium sugar (M-30) quality Rs 2,890/2,970 (Rs 2895/2970).
First Published: May 17 2010 | 4:49 PM IST