Sugar prices north bound on lesser stocks

Navi Mumbai, Sep 11 (UNI) Sugar prices maintained an upward trend for the second consecutive day today on sustained brisk seasonal demand by bulk consumers and retailers in the face of lesser stocks arrivals from mills, traders at the wholesale sugar market said.

Small and medium grades (per quintal) rose again by Rs 15 and Rs five respectively on reduced offers from stockists in view of lesser stock arrivals from co-operative mills.

Similarly, ex-mill small and medium grades (per quintal) also went up further by Rs 10 each on renewed good demand from dealers.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,335/1,387, Medium grade: Rs 1,370/1,486.

Ex-mill small grade: Rs 1,315/1,345, Medium grade: Rs 1,365/1,440.

UNI