Sugar prices ease further on poor demand

Mumbai, Feb 12 (UNI) Sugar prices eased further on poor demand, traders at the Bombay Sugar Merchants' Association said.

Sugar in small and medium grade fell by Rs three and Rs 16 respectively per quintal due to sustained heavy selling pressure by stockists.

Ex-mill small and medium grade sugar also slashed by Rs 10 and Rs 30 respectively due to thin buying support.

Following were the spot wholesale rates per quintal: Small grade: Rs 1,459/1,504, Medium grade: Rs 1,474/1,596 Ex-mill: Small grade: Rs 1,440/1,460, Medium grade: Rs 1,450/1,490 UNI