Sugar prices rise on better buying support

Mumbai, May 26 (UNI) Sugar prices rose on better buying support, traders at the Bombay Sugar Merchant's Association said today.

Sugar in small and medium grades edged up by Rs five and Rs 20 per quintal respectively on reduced stock supplies.

Ex-mill small grade sugar rose by Rs five owing to improved demand while medium grade fell by Rs five on sustained heavy selling pressure.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,310/1,343, Medium grade: Rs 1,360/1,390, Ex mill small grade Rs 1,290/1,300, Medium grade: Rs 1,330/1,360.

UNI