Sugar prices drop further

Sugar prices at Vashi further drop by₹4-8 and rule steady at naka level on Tuesday. On Monday evening about 14-16 mills sold about 28,000-30,000 bags at ₹3,750-3,850 for S-grade and ₹3,830-3,880 for M-grade. Naka delivery rates were: (in ₹)S-grade 3,880-3,920 and M-grade 3,900-4,030.