Small sugar slips on sluggish demand

Small sugar prices slipped further at the Vashi Wholesale market here today on lack of demand from stockists and retailers, amid adequate supply positions.

Meanwhile, medium sugar variety maintained a steady trend in the absence of necessary buying support.

Small sugar (S-30) fell by Rs 9 per quintal to Rs 2,751/2,791 from its overnight closing level of Rs 2,751/2,800. 

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

Small sugar (S-30) quality Rs 2,751/2,791 (Rs 2,751/2,800) and Medium sugar (M-30) quality Rs 2,801/2,911 (Rs 2,801/2,911)