Mumbai:Medium sugar prices continued its downward trend in an otherwise lacklustre Vashi wholesale market here today due to reduced demand from stockists and retailers on the back of adequate supply position.
While, small sugar held stable in the absence of any worthwhile buying activity.
Medium sugar (M-30) weakened by Rs 10 per quintal to Rs 3,882/4,062 from Thursday’s close at Rs 3,892/4,062.
Small sugar (S-30) quoted at Rs 3,842/3,906 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 3,842/3,906 (Rs 3,842/3,906).
Medium sugar (M-30) quality: Rs 3,882/4,062 (Rs 3,892/4,062)