Medium sugar advance on better demand

MUMBAI: Medium sugar prices advanced at the Vashi wholesale market here today on better demand from stockists and retailers.

Meanwhile, small sugar declined further on reduced retail offtake amid ample supply positions.

Medium sugar (M-30) climbed by Rs 9 per quintal to Rs 2,960/3,046 from Wednesday's closing level of Rs 2,951/3,046.

However, small sugar (S-30) went down by Rs 10 per quintal to Rs 2,860/2,925 from Rs 2,870/2,925 yesterday.

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

Small sugar (S-30) quality: Rs 2,860/2,925 (Rs 2,870/2,925).

Medium sugar (M-30) quality: Rs 2,960/3,046 (Rs 2,951/3,046).