Medium sugar recovers on fresh buying, small sugar eases

MUMBAI: A divergent trend was noticed on the Vashi wholesale Sugar market here on Thursday as medium sugar recovered marginally on fresh buying.

Meanwhile, small sugar declined due to reduced demand from stockists.

Medium sugar quality (M-30) firmed up by Rs 20 per quintal to Rs 3,640/3,760 from overnight closing level of Rs 3,640/3,740.

However, small sugar quality (S-30) fell by Rs 10/40 per quintal to Rs 3,450/3,560 as against Rs 3,460/3,600 yesterday.

Following are today's closing rates per quintal with previous rates in brackets.

Small sugar (S-30) quality Rs 3450/3560 (Rs 3460/3600) Medium sugar (M-30) quality Rs 3640/3760 (Rs 3640/3740).