Sugar continues to drift on lower retail demand
Sugar prices continued its falling trend at the Vashi wholesale market here today on lower buying support from retailers amid ample supplies from the mills.
Medium sugar quality (M-30) dipped by Rs 10/20 per quintal to Rs 2,580/2,640 from overnight closing level of Rs 2,590/2,660.
Small sugar quality (S-30) also moved down by Rs 10 per quintal to Rs 2,560/2,600, as against Rs 2,570/2,600 yesterday.
Following are today's closing rates per quintal, with previous rates in brackets:
Small sugar (S-30) quality Rs 2,560/2,600 (Rs 2,570/ 2,600) and Medium sugar (M-30) quality Rs 2,580/2,640 (Rs 2,590/2,660)