Sugar prices ease on increased supply

Sugar prices fell up to Rs 20 per quintal in the national capital on Wednesday on adequate supply from mills amid poor offtake.

NEW DELHI: Sugar prices fell up to Rs 20 per quintal in the national capital on Wednesday on adequate supply from mills amid poor offtake.

Marketmen said the fresh supply was matching demand from bulk consumers such as softdrink and ice cream manufacturers.
Sugar ready medium and second grade varieties fell from Rs 1630-1675 and Rs 1610-1650 to settle at Rs 1610-1660 and Rs 1590-1640 a quintal respectively.

Mill delivery medium and second grade price also slipped to settle at Rs 1370-1540 and Rs 1350-1530 a quintal respectively.
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