Sugar prices suffer setback on weak demand

Navi Mumbai, Jun 2 (UNI) Sugar prices suffered a setback on weak demand, traders here today said.

Sugar rates of small and medium grades declined by Rs three and Rs five per quintal, respectively, on lack of fresh demand.

Sugar rates of ex-mill small and medium grades eased by Rs two and Rs four per quintal, respectively, on increase of stock supply from producing centers.

Following were the sugar spot rates per quintal: Small grade Rs 1,890/1,935, medium grade Rs 1,920/1,970.

Ex-mill small grade Rs 1,880/1,903 and medium grade Rs 1,908/1,935.

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