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Medium sugar falls on weak demand

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Press Trust of India Mumbai

Medium sugar prices slipped at the the Vashi wholesale market here today due to subdued domestic demand coupled with higher stock positions.

While, small sugar variety closed stable in the absence of market-moving factors.

Medium sugar (M-30) moved down by Rs 5 per quintal to Rs 2,791/2,901 from its overnight closing level of Rs 2,796/2,901. 

The following are today's closing rates per quintal, with the previous rates in brackets:

Medium sugar (M-30) quality Rs 2,791/2,901 (Rs 2,796/ 2,901) and Small sugar (S-30) quality Rs 2,752/2,810 (Rs 2,752/2,810)

 

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First Published: Apr 21 2011 | 5:06 PM IST

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