Sugar prices decline on lack of demand

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Navi Mumbai, Jan 22 (UNI) Sugar prices declined today in the wholesale spot sugar market, traders at the Bombay Sugar Merchants' Association said.

Sugar prices in small grade eased by Rs 10 due to poor buying support, while medium grade prices remained flat on moderate demand.

Sugar prices in ex-mill small and medium grade fell by Rs 10 and Rs 5 per quintal respectively amid sustained heavy selling pressure, trades added.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,410/1,481, Medium grade: Rs 1,466/1,555.

Ex-mill Small grade: Rs 1,400/1,450 and Medium grade: Rs 1,455/1,535.


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