Sugar drops on subdued demand, ample supplies

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Press Trust of India Mumbai
Last Updated : Apr 09 2014 | 4:14 PM IST
Sugar prices dropped at the Vashi wholesale market here today due to lack of demand from stockist and retailers amidst ample supplies.
Medium sugar (M-30) dipped by Rs 14/50 per quintal to Rs 3,326/3,502 from Monday's closing level of Rs 3,340/3,552.
Small sugar (S-30) also fell by Rs 40/22 per quintal to Rs 3,172/3,380 as against Rs 3,212/3,402 previously.
Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 3,172/3,380 (Rs 3,212/3,402).
Medium sugar (M-30) quality: Rs 3,326/3,502 (Rs 3,340/3,552).
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First Published: Apr 09 2014 | 4:14 PM IST

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