Sugar eases on reduced demand

Both varieties of sugar prices eased further at the Vashi wholesale market here today following reduced demand from stockists and bulk consumers amidst ample supply from producing region.

Small sugar (S-30) edged down by Rs 2 per quintal to Rs 3,200/3,280 from Tuesday's closing level of Rs 3,200/3,282.

Medium sugar (M-30) also moved down by Rs 10/20 per quintal to Rs 3,290/3,490 as against Rs 3,300/3,510.

Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets: Small sugar (S-30) quality: Rs 3,200/3,280 (Rs 3,200/3,282).

Medium sugar (M-30) quality: Rs 3,290/3,490 (Rs 3,300/3,510).