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  1. Sugar spurts on heavy demand

Sugar spurts on heavy demand

Both varieties of sugar spurted at the Vashi wholesale market here today owing to heavy demand from stockists and retailers amid good offtake from bulk consumers.

By: | Mumbai | Published: July 26, 2016 4:32 PM
Medium sugar (M-30) quality: Rs 3,762/3,862 (Rs 3,712/3,852). (Reuters) Medium sugar (M-30) quality: Rs 3,762/3,862 (Rs 3,712/3,852). (Reuters)

Both varieties of sugar spurted at the Vashi wholesale market here today owing to heavy demand from stockists and retailers amid good offtake from bulk consumers. Medium sugar (M-30) shot-up by Rs 50/10 per quintal to Rs 3,762/3,862 from Monday’s closing level of Rs 3,712/3,852. Small sugar (S-30) also climbed by Rs 8/10 per quintal to Rs 3,660/3,752 as compared to Rs 3,652/3,742 yesterday. Following are today’s closing rates for sugar (per quintal) with the previous rates given in brackets: Small sugar (S-30) quality: Rs 3,660/3,752 (Rs 3,652/3,742). Medium sugar (M-30) quality: Rs 3,762/3,862 (Rs 3,712/3,852).

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