Sugar eases on sluggish demand

Written by: Pti
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Mumbai, Jan 31 (PTI) Sugar prices eased at the VashiWholesale market here today due to reduced demand fromstockists and bulk consumers amidst higher stock positions.

Medium sugar quality (M-30) moved down by Rs 14 perquintal to Rs 2,872/2,931 from last Saturday''s closing levelof Rs 2,886/2,931.

Small sugar quality (S-30) also softened by Rs 5 perquintal to Rs 2,850/2,871 as against Rs 2,850/2,876 lastweekend.

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

Small sugar (S-30) quality Rs 2,850/2,871 (Rs 2,850/2,876) and medium sugar (M-30) quality Rs 2,872/2,931(Rs 2,886/2,931).

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