Sugar prices recover on lesser stock arrivals

Navi Mumbai, Sep 19 (UNI) Sugar prices today recovered by Rs 15 per quintal on increase in fresh bulk consumers and retailers festival demand in the face of lesser stock arrivals from mills, traders at the wholesale sugar market said.

Small and medium grades (per quintal) went up by Rs 15 each on reduced offers by stockists in view of firm advice from upcountry co-operative mills.

Similarly, ex-mill small and medium grades (per quintal) also gained by Rs ten each on higher demand from dealers.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,340/1,396, Medium grade: Rs 1,395/1,480.

Ex-mill small grade: Rs 1,315/1,350, Medium grade: Rs 1,380/1450.

UNI