Sugar prices at Vashi for fair quality declined by ₹15-20 and ruled steady for fine quality on Wednesday. Naka rates were unchanged with normal volume. On Tuesday 23-24 mills sold 38,000-40, 000 S-grade and M-grade bags at ₹2,910-3,020 and ₹2,020– 3,100, respectively. Bombay Sugar Merchants Association spot rates: S-grade ₹3,040-3,152 and M-grade ₹3,156-3,402. Naka delivery rates: S-grade ₹3,030-3,120 and M-grade ₹3,100-3,220.