SUGAR DROPS ON REDUCED DEMAND
Both varieties of sugar prices dropped further at the Vashi wholesale market here today following reduced demand from stockists and bulk consumers amid ample supplies.
Small sugar (S-30) fell by Rs 38 per quintal to Rs 3,300/3,412 from Thursday’s closing level of Rs 3,300/3,450.
Medium sugar (M-30) also moved down by Rs 10/8 per quintal to Rs 3,390/3,652 against Rs 3,400/3,660, previously.
Following are today’s closing rates for sugar (per quintal) with the previous rates given in brackets:
Small sugar(S-30) quality: Rs 3,300/3,412 (Rs 3,300/3,450).
SOurce: SugarNews – 16 December 2017