Sugar prices rise on reduced stock supply

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Navi Mumbai, Jan 3 (UNI) Wholesale spot sugar prices edged up today on reduced stock supply, traders at the Bombay Sugar Merchants' Association said.

Sugar in small grade remained steady on moderate demand. However, medium grade soared by Rs 10 owing to fresh demand.

Sugar in ex-mill small and medium grade also shot up by Rs 15 and Rs 5 on lesser stock supply.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,350/1,385, Medium grade: Rs 1,411/1,500.

Ex-mill Small grade: Rs 1,340/1,375 and Medium grade: Rs 1,385/1,470.

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