AgenciesMumbai: Sugar prices declined further on the Vashi Wholesale Market here on Wednesday in the absence of demand from retailers amidst good supply from mills.
The government's decision to impose restrictions on the quantity of sugar a trade can hold to check hoarding also weighed on the market sentiment.
Small sugar quality (S-30) fell by Rs 15 per quintal to Rs 2,143/2,210 from yesterday's closing level of Rs 2,158/ 2,210.
Medium sugar quality (M-30) also declined by Rs 5/10 per quintal to Rs 2,170/2,260 from Rs 2,175/2,270 previously.
Following are Wednesday's closing rates per quintal with previous rates in brackets.
Small sugar (S-30) quality Rs 2143/2210 (Rs 2158/2210) and Medium sugar (M-30) quality Rs 2170/2260 (Rs 2175/2270).
No comments:
Post a Comment