Sugar prices decline further on poor buying support

Navi Mumbai, Jan 30 (UNI) Sugar prices declined on poor buying support in the wholesale spot sugar market today, traders at the Bombay Sugar Merchants' Association said.

Sugar prices in small and medium grade slashed by Rs 20 and Rs 14 per quintal due to lack of demand.

However, sugar prices in ex-mill small and medium grade remained flat on moderate demand, traders added.

Following are the spot wholesale rates per quintal: Small grade: Rs 1,410/1,461, Medium grade: Rs 1,461/1,546.

Ex-mill Small grade: Rs 1,400/1,440 and Medium grade: Rs 1,450/1,500.

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