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This is an archive article published on January 18, 2012

Sugar prices dip on low demand

Sugar prices dropped further at the Vashi wholesale market here today on lower demand from stockists amidst good supplies.

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Sugar prices dropped further at the Vashi wholesale market here today on lower demand from stockists amidst good supplies.

Small Sugar (S-30) slid by Rs 39 per quintal to Rs 2,892/2,972 from Tuesday’s closing level of Rs 2,892/3,011.

Medium sugar (M-30) slipped by Rs 15 per quintal to Rs 2,961/3,092 from Monday’s closing level of Rs 2,976/3,092.

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

Small sugar (S-30) quality: Rs 2,892/2,972 (Rs 2,892/3,011).

Medium sugar (M-30) quality: Rs 2,961/3,092 (Rs 2,976/3,092).

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