Medium sugar gains on rising demand

Mumbai, Feb 22 (PTI) Medium sugar prices moved up furtherat the Vashi wholesale market here today on consistent buyingby stockists and bulk consumers coupled with good retailofftake.

Meanwhile, small sugar closed stable in the absence ofnecessary buying support.

Medium sugar quality (M-30) edged up by Rs 10 per quintalto Rs 2,841/2,921 from overnight closing level of Rs2,831/2,921.

Small sugar quality (S-30), however closed unaltered atRs 2,801/2,861 per quintal.

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

Medium sugar (M-30) quality Rs 2,841/2,921 (Rs 2,831/2,921) and Small sugar (S-30) quality Rs 2,801/2,861 (Rs2,801/2,861).