Sugar rises on increase in demand

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Mumbai, Feb 16 (PTI) Sugar prices rose at the Vashiwholesale market here today due to rising demand fromstockists and bulk consumers along with good festive offtake.

Small sugar quality (S-30) went up by Rs 15 per quintalto Rs 2,786/2,851 from Tuesday''s closing level of Rs2,771/2,836.

Medium sugar quality (M-30) also gained Rs 5/10 perquintal to Rs 2,831/2,901, as against Rs 2,821/2,896yesterday.

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

Small sugar (S-30) quality Rs 2,786/2,851 (Rs 2,771/2,836) and medium sugar (M-30) quality Rs 2,831/2,901 (Rs2,821/2,896).

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