Sugar declines on stockists selling

Sugar prices declined moderately at the Vashi wholesale market here today due to mild stockists selling amidst adequate stocks positions.

Medium sugar quality (M-30) slipped by Rs 20 per quintal to Rs 2,630/2,760 from Wednesday's closing level of Rs 2,650/ 2,760.

Small sugar quality (S-30) also fell by Rs 10 per quintal to Rs 2,600/2,700 from last close of Rs 2,610/2,710.

Following are today's closing rates per quintal, with previous rates in brackets:

Small sugar (S-30) quality Rs 2,600/2,700 (Rs 2,610/ 2,710) and Medium sugar (M-30) quality Rs 2,630/2,760 (Rs 2,650/2,760).