Sugar prices hike on better buying support

Mumbai, Dec 28 (UNI) Sugar prices hiked today on account of better buying support, traders at the Bombay Sugar Merchants' Association said.

Prices of sugar in small and medium grade hiked by Rs 15 and Rs 8 per quintal respectively due to lesser stock supply.

On the other hand, rates of ex-mill small grade and medium grade sugar remained steady.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,575/1,610, Medium grade: Rs 1,620/1,695 Ex-mill: Small grade: Rs 1,555/1,570 Medium grade: Rs 1,600/1,675 UNI NV WD SKB1547