Sugar prices recover on better buying support

Mumbai, Dec 19 (UNI) Sugar prices recovered today on better buying support, traders at the Bombay Sugar Merchants' Association said.

Sugar in small grade went up by Rs three per quintal on increase of fresh demand, while medium grades decline by Rs five per quintal on thin buying support.

Sugar in ex-mill small and medium grades rose by Rs 10 and Rs 15 per quintal respectively on higher demand.

Following were the spot wholesale rates per quintal: Small grade: Rs 1,600/1,622, Medium grade: Rs 1,632/1,700, Ex-mill: Small grade: Rs 1,560/1,600, Medium grade: Rs 1,620/1,680.

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