Sugar recovers on fresh demand

Sugar prices recovered smartly at the Vashi wholesale market here today on the back of fresh buying from stockists and bulk consumers amidst good retail offtake. 

Small sugar (S-30) rose by Rs 10/16 per quintal to Rs 2,716/2,841 from yesterday's closing level of Rs 2,700/2,831.

Medium sugar (M-30) also firmed up by Rs 10/20 per quintal to Rs 2,761/2,951 as against Rs 2,741/2,941 yesterday.

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

Small sugar (S-30) quality: Rs 2,716/2,841 (Rs 2,700/2,831)
Medium sugar (M-30) quality: Rs 2,761/2,951 (Rs 2,741/2,941)