Sugar prices up on reduced stock supply

Saturday, March 17, 2007, 10:51 [IST]

Mumbai, Mar 1 (UNI) Sugar prices edged up on reduced stock supply, Bombay Sugar Merchants' Association traders said today.

Sugar in small and medium grades shot up by Rs 10 and Rs 11 per quintal respectively on better buying support.

Sugar in ex-mill small and medium grades rose by Rs 10 and Rs five per quintal respectively due to higher demand.

Following were the spot wholesale rates per quintal: Small grade: Rs 1,450/1,480, Medium grade: Rs 1,475/1,540, Ex-mill: Small grade: Rs 1,440/1,460, Medium grade: Rs 1,470/1,490.

UNI

Topics: MARKETS-SUGAR-INTRO

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