Sugar Weakens On Poor Offtake

Image Credits: IEG VU Informa

Mumbai, May 15 (PTI) Prices of both varieties of sugar weakened further at the Vashi wholesale market here today following poor offtake from stockists and bulk consumers amid ample stocks from producing region.

Small sugar (S-30) eased by Rs 6 per quintal to Rs 2,612/2,751 from Monday’s closing level of Rs 2,620/2,751.

Medium sugar (M-30) also slid by Rs 18 per quintal to Rs 2,702/2,882 as compared Rs 2,720/2,882, yesterday.

Following are today’s closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar (S-30) quality: Rs 2,612/2,751 (Rs 2,620/2,751).

Small sugar (S-30) quality: Rs 2,702/2,882 (Rs2,720/2,882).



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