Sugar prices hike on increase of fresh demand

Mumbai, Jan 12 (UNI) Sugar prices hiked today on increase of fresh demand, traders at the Bombay Sugar Merchants' Association said.

Prices of sugar in small grade increased by Rs three while medium grade declined by Rs five per quintal on thin buying support.

Ex-mill sugar in small and medium grade went up by Rs 20 each per quintal on lesser stock supply.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,523/1,571, Medium grade: Rs 1,558/1,650 Ex-mill: Small grade: Rs 1,505/1,525 Medium grade: Rs 1,535/1,590 UNI