Sugar prices rise on increased demand

Navi Mumbai, Aug 1 (UNI) Spot sugar prices hiked on increase in fresh demand, traders at the sugar market here today said.

Prices of small grade and medium grades hiked by Rs four and Rs 26 per quintal, respectively, on reduced stock supply.

Ex-mill prices of small and medium grades went up by Rs five each per quintal, respectively, on better buying support.

Following were the spot sugar wholesale rates per quintal: Small grade: Rs 1,845/1,880, Medium grade: Rs 1,871/1,941.

Ex-mill: small grade: Rs 1,825/1,855, Medium grade: Rs 1,860/1,885.

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