Sugar declines on reduced demand

Written by: Pti
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Mumbai, Jan 18 (PTI) Sugar prices declined further atthe Vashi Wholesale market here today owing to lower demand bystockists and bulk consumers, amidst selling pressure frommills.

Medium sugar quality (M-30) fell by Rs 15/30 per quintalto Rs 2,891/2,951 from overnight closing level of Rs 2,906/2,981.

Small sugar quality (S-30) also lost Rs 20 per quintal toRs 2,861/2,901 as against Rs 2,881/2,921 yesterday.

The following are today''s closing rates per quintal, withthe previous rates in brackets:

Small sugar (S-30) quality Rs 2,861/2,901 (Rs 2,881/2,921) and medium sugar (M-30) quality Rs 2,891/2,951(Rs 2,906/2,981).

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