Sugar prices rise on lesser arrival of stocks

Navi Mumbai, Dec 13 (UNI) Wholesale spot sugar prices today rallied mainly on reduced supply of stocks from co-operative mills, traders at the Bombay Sugar Merchant's Association said.

Small and medium grades (per quintal) gained by Rs 10 each on fresh buying support from sweet makers in face of lesser arrival of stocks.

Ex-mill small and medium grades (per quintal) also rose by Rs 5 and Rs 10 respectively on sustained heavy demand from bulk consumers.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,321/1,370, Medium grade: Rs 1,360/1,460.

Ex-mill Small grade: Rs 1,295/1,320 and Medium grade: Rs 1,360/1,398.

UNI