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Sugar ends lower on sluggish demand

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Press Trust of India Mumbai

Sugar prices ended on a weak note at the Vashi wholesale market here today owing to lack of buying from stockists and bulk consumers coupled with ample stock positions. 

Medium sugar quality (M-30) moved down by Rs 10 per quintal to Rs 2,730/2,801 from Wednesday's closing level of Rs 2,730/2,811.

Small sugar quality (S-30) also eased by Rs 5/9 per quintal to Rs 2,700/2,731, as against Rs 2,709/2,736 yesterday.

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

Small sugar (S-30) quality Rs 2,700/2,731 (Rs 2,709/ 2,736) and medium sugar (M-30) quality Rs 2,730/2,801 (Rs 2,730/2,811)

 

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First Published: Oct 21 2010 | 4:57 PM IST

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