Small sugar remains weak on poor demand, ample supplies

Small sugar prices moved down at the Vashi wholesale market here today due to reduced demand from bulk consumers and stockists amid adequate stock positions.
While, medium sugar variety closed at their overnight levels in the absence of necessary buying support.
Small sugar (S-30) declined by Rs 10 per quintal to finish at Rs 2,650/2,752 from Tuesday's closing level of Rs 2,650/2,762.
Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar(S-30) quality: Rs 2,650/2,752 (Rs 2,650/2,762).
Medium sugar (M-30) quality: Rs 2,762/2,942 (Rs 2,762/2,942.