Small sugar declines on weak demand, good supply

Small sugar prices declined at the Vashi wholesale market here today due to lack of demand from stockists and retailers supported by adequate stock positions.

Medium variety ended mixed owing to alternate bouts of buying and selling.

Small sugar (S-30) slipped by Rs 23 per quintal to Rs 3,100/3,222 from Wednesday's closing level of Rs 3,100/3,245.

Medium sugar (M-30) was quoted at Rs 3,200/3,412 per quintal as against Rs 3,236/3,396 previously.

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

Small sugar (S-30) quality: Rs 3,100/3,222 (Rs 3,100/3,245).

Medium sugar (M-30) quality: Rs 3,200/3,412 (Rs 3,236/3,396).