Sugar prices eases further on larger stocks arrivals

Navi Mumbai, June 23 (UNI) Sugar prices declined further on larger stocks arrival by mills, traders at the sugar market said today.

Sugar rates in small and medium grades eased by Rs 20 and Rs 25 per quintal respectively on lack of fresh demand.

Sugar rates in ex-mill small and medium grades went down by Rs five and Rs seven per quintal respectively on increase of stock supply and poor demand by bulk consumers.

Following were the sugar spot rates per quintal: Small grade Rs 1,830/1,870, medium grade Rs 1,855/1,930.

Ex-mill small grade Rs 1,805/1830 and medium grade Rs 1,845/1,885.

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