Sugar falls on weak demand

Mumbai: Prices of both varieties of sugar fell further at the Vashi wholesale market here today following weak demand from stockists and bulk consumers amid ample supply from producing region.

Small sugar (S-30) dropped by Rs 38 per quintal to Rs 3,012/3,136 from Tuesday's closing level of Rs 3,050/3,136.

Whereas, medium sugar (M-30) also slid by Rs 10/18 per quintal to Rs 3,132/3,352 as against Rs 3,142/3,370.

Following are today's closing rates for sugar (per quintal) with the previous rates given in brackets:

Small sugar(S-30) quality: Rs 3,012/3,136 (Rs 3,050/3,136).

Medium sugar (M-30) quality: Rs 3,132/3,352 (Rs 3,142/3,370).