Sugar prices rises

Published: Thursday, June 19, 2008, 15:34 [IST]

Navi Mumbai, Jun 19 (UNI) Sugar prices moved up today due to increase in fresh demand by stockists, traders at the Bombay Sugar Merchants Association said.

Small and medium grade sugar soared by Re 1 and Rs 11 per quintal respectively, on renewed buying support by stockists.

In ex-mill grade sugar, medium grade also shot up by Rs 5 per quintal owing to lesser stock supply by stockists, while small grade sugar remained steady on scattered buying by stockists, traders added.

Following were the spot wholesale rates of sugar per quintal: Small grade: Rs 1,459/1,510, Medium grade: Rs 1,495/1,575.

Ex-mill small grade: Rs 1,440/1,470 and medium grade: Rs 1,480/1,500.

UNI NV GR AG1457

 

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