Sugar prices decline on larger stock arrivals

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Navi Mumbai, Sep 26 (UNI) Sugar prices today declined by Rs 15 per quintal on increase in offers from stockists in view of larger stock arrivals from mills, traders at the wholesale sugar market said.

Small and medium grades (per quintal) eased by Rs 15 each on lack of fresh in bulk consumers and retailers demand and weak advice from upcountry co-operative mills.

Similarly, ex-mill small and medium grades (per quintal) also declined by Rs 25 each on thin buying support from dealers.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,340/1,390, Medium grade: Rs 1,375/1,485.

Ex-mill small grade: Rs 1,320/1,340, Medium grade: Rs 1,350/1400.


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