Medium Sugar Rises In Lacklustre Trade

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Medium sugar prices rose in an otherwise lackustre Vashi wholesale market today following firm demand from stockists and retailers.

Small sugar held stable in the absence of any large-scale buying activity.

Medium sugar (M-30) moved up by Rs 12 per quintal to Rs 2,862/3,012 from Wednesday’s closing level of Rs 2,850/3,012.

Small sugar (S-30) closed unchanged at Rs 2,770/2,842 per quintal.

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

Small sugar (S-30) quality: Rs 2,770/2,842 (Rs 2,770/2,842).

Medium sugar (M-30) quality: Rs 2,862/3,012 (Rs 2,850/3,012).

SOURCEBusiness Standard

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