Sugar prices rise on fresh seasonal demand

Navi Mumbai, Aug 31 (UNI) Sugar prices today recovered on fresh seasonal bulk consumers demand and lesser stocks arrival from co-operative mills, traders at the wholesale sugar market said.

Sugar in small and medium grades gained further by Rs 10 per quintal each on lack of offers from stockists because of reduced stocks supply from mills.

Ex-mill small and medium grades also hiked by Rs five per quintal each on scattered buying support from millers.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,306/1,366, Medium grade: Rs 1,345/1,466.

Ex-mill small grade: Rs 1,295/1,315, Medium grade: Rs 1,335/1,430.

UNI