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Sugar drops on poor offtake

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Press Trust of India Mumbai

Prices of both varieties of sugar dropped at the Vashi wholesale market here today owing to poor offtake from stockists and retailers amid sluggish demand

from bulk consumers.

Small sugar (S-30) declined by Rs 10 per quintal to Rs 2,680/2,825 from Tuesday's closing level of Rs 2,690/2,825.

Medium sugar (M-30) also fell by Rs 22/70 per quintal to Rs 2,750/2,962 as compared to Rs 2,772/3,032.

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

Small sugar (S-30) quality: Rs 2,680/2,825 (Rs 2,690/2,825).

Medium sugar (M-30) quality: Rs 2,750/2,962 (Rs 2,772/3,032).

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Apr 25 2018 | 3:45 PM IST

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