Sugar weakens on reduced offtake
Sugar prices fell modestly at the Vashi wholesale market here today due to lower offtake by stockists and retailers amid adequate stock positions.
Small sugar (S-30) slipped by Rs 10 per quintal to Rs 2,700/2,831 from Monday's closing level of Rs 2,710/2,831.
Medium sugar (M-30) also moved down by a similar margin to Rs 2,741/2,941 as compared to Rs 2,751/2,931 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 2,700/2,831 (Rs 2,710/2,831)
Medium sugar (M-30) quality: Rs 2,741/2,941 (Rs 2,751/2,931)