Sugar prices slip on larger stocks arrivals

Navi Mumbai, July 31 (UNI) Spot sugar prices today drifted lower on poor bulk consumers demand in the face of larger stock arrivals from mills, traders at the wholesale sugar market said.

Sugar in small and medium grades eased modestly by Rs five each on poor demand in view of increased stocks inflows from mills.

Sugar ex-mill in small and medium grades fell by Rs ten per quintal each in line with open markets.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,331/1,386, Medium grade: Rs 1,382/1,505, Ex-mill small grade: Rs 1,310/1,330, Medium grade: Rs 1,360/1,425.

UNI