Sugar rebounds on renewed demand
Press Trust of India Mumbai Both varieties of sugar rebounded smartly at the Vashi wholesale market here today due to renewed demand from stockists and retailers amid ensuing seasonal offtake.
Medium sugar (M-30) rose by Rs 29 per quintal to Rs 2,802/3,025 from Wednesday's closing of Rs 2,802/2,996.
Small sugar (S-30) climbed by Rs 17/3 per quintal to Rs 2,702/2,805 compared to Rs 2,685/2,802 yesterday.
Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 2,702/2,805 (Rs 2,685/2,802).
Medium sugar (M-30) quality: Rs 2,802/3,025 (Rs 2,802/2,996).