Sugar prices declines on poor demand

Both the varieties of sugar prices declined at the Vashi wholesale market here due to reduced demand from stockist and retailers amidst ample supply.

Small sugar (S-30) fell by Rs 14/17 per quintal to Rs 3,016/3,145 from Wednesday's closing level of Rs 3,030/3,162.

Medium sugar (M-30) also moved down by Rs 28 per quintal to Rs 3,172/3,285 as against Rs 3,200/3,285 yesterday.

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

Small sugar (S-30) quality: Rs 3,016/3,145 (Rs 3,030/3,162.

Medium sugar (M-30) quality: Rs 3,172/3,285 (Rs 3,200/3,285).