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Sugar prices at Vashi declined by ₹10-15 for fair quality M-grade and ruled steady for S-grade. On Tuesday 19-20 mills sold 38,000-40,000 bags at ₹3,100-3,130 a quintal of S-grade and ₹3,130-3,170 of M-grade. Freight rates were steady at ₹80-100 per quintal. The Bombay Sugar Merchants Association spot rates : S-grade ₹3,190-3,252 and M-grade ₹3,228-3,326. Naka delivery rates: S-grade ₹3,160-3,210 and M-grade ₹3,200-3,290.
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