Moderate recovery in medium sugar on good demand

Prices of medium sugar variety recovered modestly at the Vashi Wholesale market here today on fresh demand from retailers and bulk consumers.

While, Small sugar variety witnessed a mixed pattern of trading on alternate bouts of buying and selling. 

Medium sugar quality (M-30) rose by Rs 10/15 per quintal to Rs 2,915/3,011 from overnight closing level of Rs 2,900/3,001.

However, small sugar quality (S-30) was quoted at Rs 2,870/2,931 per quintal as against Rs 2,871/2,925 yesterday.

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

Small sugar (S-30) quality Rs 2,870/2,931 (Rs 2,871/ 2,925) and medium sugar (M-30) quality Rs 2,915/3,011 (Rs 2,900/3,001)