Sugar Continues Downtrend On Reduced Demand

Prices of both the varieties of sugar continued their downtrend at the Vashi wholesale market here today following reduced demand from stockists and bulk consumers amid ample supply.

Small sugar (S-30) prices moved down by Rs 12/20 per quintal to Rs 3,060/3,202 from Thursday’s closing level of Rs 3,072/3,222.
Medium sugar (M-30) also shed Rs 20 per quintal to Rs 3,100/3,382 per quintal as compared to its yesterday’s level of Rs 3,120/3,382.

Following are today’s closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 3,060/3,202 (Rs 3,072/3,222).
Medium sugar (M-30) quality: Rs 3,100/3,382 (Rs 3,120/3,382).

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