Sugar slides on weak demand

Prices of both varieties of sugar slid further at the Vashi wholesale market here today due to weak demand from stockists and retailers.

Small sugar (S-30) fell by Rs 28/5 per quintal to Rs 2,192/2,410 from Thursday's closing level of Rs 2,220/2,415.

Medium sugar (M-30) also declined by Rs 10/20 per quintal to Rs 2,300/2,602 as compared to Rs 2,310/2,622 previously.

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

Small sugar (S-30) quality: Rs 2,192/2,410 (Rs 2,220/2,415).

Medium sugar (M-30) quality: Rs 2,300/2,602 (Rs 2,310/2,622).