Sugar drops on subdued demand

Posted By: Pti
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Mumbai, Feb 10 (PTI) Sugar prices dropped further at theVashi wholesale market here today, owing to sluggish demandfrom bulk consumers amid adequate supply positions.

Medium sugar quality (M-30) slipped by Rs 20/30 perquintal to Rs 2,826/2,886 from its overnight closing level ofRs 2,846/2,916.

Small sugar quality (S-30) also fell by Rs 14 per quintalto Rs 2,801/2,831 as compared to Rs 2,801/2,845.

The following are today''s closing rates per quintal, withthe previous rates in brackets:

Small sugar (S-30) quality Rs 2,801/2,831 (Rs 2,801/2,845) and medium sugar (M-30) quality Rs 2,826/2,886(Rs 2,846/2,916).

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