Sugar falls on reduced demand
Prices of both varieties of sugar fell further at the Vashi wholesale market here today following reduced demand from stockists...
Prices of both varieties of sugar fell further at the Vashi wholesale market here today following reduced demand from stockists and retailers amidst ample supply from producing region. Small sugar (S-30) moved down by Rs 6 per quintal to Rs 2,620/2,751 from last Saturday's closing level of Rs 2,626/2,751. Medium sugar (M-30) went down by Rs 22 per quintal to Rs 2,720/2,882 as compared Rs 2,742/2,882 previously.
Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 2,620/2,751 (Rs 2,626/2,751).
Medium sugar (S-30) quality: Rs 2,720/2,882 (Rs 2,742/2,882).
