Sugar prices slip on lower demand

Both the varieties of sugar prices slipped at the Vashi wholesale sugar market here today due to lack of demand from stockist and bulk consumers amidst ample stock positions.

Small sugar (S-30) fell by Rs 5/31 per quintal to Rs 3,122/3,201 from Thursday's closing level of Rs 3,127/3,232.

Medium sugar (M-30) also declined by Rs 20/5 per quintal to Rs 3,212/3,426 from Rs 3,232/3,421.

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

Small sugar (S-30) quality: Rs 3,122/3,201 (Rs 3,127/3,232.

Medium sugar (M-30) quality: Rs 3,212/3,426 (Rs 3,232/3,421).