Sugar prices recover on brisk festival demand

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Navi Mumbai, Oct 17 (UNI) Wholesale sugar prices today recovered on lesser offers by stockists in view of increase in seasonal demand from bulk and retail consumers, traders at the sugar market said.

Prices of small and medium grades (per quintal) were up by Rs 10 each on brisk fresh seasonal bulk consumers demand.

Sugar in ex-mill small and medium grades (per quintal) also hiked by Rs 20 and Rs 25 respectively owing to increase buying support from local dealers, traders said.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,370/1,410, Medium grade: Rs 1,405/1,506.

Ex-mill small grade: Rs 1,365/1,370, Medium grade: Rs 1,405/1455.


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