The wholesale sugar market of Navi Mumbai reported that a subdued trend was witnessed on Friday. Prices of both grades of sugar declined due to lack of demand amidst easy arrivals. Small grade sugar (S-30) eased to Rs. 1,400/1,433 a quintal against the previous level of Rs.1,405/1,435. Medium grade (M-30) too weakened by Rs. 5 to Rs.1,440/1,495 a quintal from yesterdays closing level of Rs. 1,445/1,495 on reduced offtake. Sugar prices for check-post ruled lower at Rs.1,385/1,395 a quintal for the S-30 grade and Rs.1,415/1,450 a quintal for the M-30 grade. Sugar prices for exmill deliveries were quoted lower at Rs. 1,335/1,350 a quintal for small qualities and Rs.1,360/1,390 a quintal for medium grade. |
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