Medium sugar drops in lacklustre trade

Medium sugar prices dropped in an otherwise lacklustre Vashi wholesale market here today due to lower demand from stockists and retailers.

Small sugar held stable in absence of any large-scale buying.

Medium sugar (M-30) eased by Rs 10 per quintal to Rs 3,892/4,082 from Monday's close Rs 3,902/4,082.

Small sugar (S-30) unchanged at Rs 3,850/3,901.

Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:

Small sugar (S-30) quality: Rs 3,850/3,901 (Rs 3,850/3,901).

Medium sugar (M-30) quality: Rs 3,892/4,082 (Rs 3,902/4,082).