Medium sugar strengthens on firm demand

Medium sugar prices strengthened further at the Vashi wholesale market here today on firm demand from stockist and bulk consumer amid restricted supplies.

Meanwhile, small sugar maintained stable trend due to lack of any worthwhile buying activity.

Medium sugar (M-30) climbed by Rs 4/6 per quintal to Rs 2,826/2,952 from Monday's closing level of Rs 2,822/2,946.

However, small sugar (S-30) were quoted stable at Rs 2,712/2,811.

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

Small sugar (S-30) quality: Rs 2,712/2,811 (Rs 2,712/2,811).

Medium sugar (M-30) quality: Rs 2,826/2,952 (Rs 2,822/2,946.