Sugar drops on subdued demand

Medium sugar (M-30) slid by Rs 61/50 per quintal to Rs 3,681/3,831 from Monday's closing level of Rs 3,742/3,881.

Small sugar (S-30) also slipped by Rs 60/21 per quintal to Rs 3,611/3,721 as against Rs 3,671/3,742 yesterday.

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

Small sugar (S-30) quality: Rs 3,611/3,721 (Rs 3,671/3,742).

Medium sugar (M-30) quality: Rs 3,681/3,831 (Rs 3,742/3,881).