Sugar prices to ease further, says Pawar

Sugar prices to ease further, says Pawar
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First Published: Wed, Jan 20 2010. 10 33 PM IST
Updated: Wed, Jan 20 2010. 10 33 PM IST
New Delhi: Wholesale sugar prices, which are already showing signs of moderation, are likely to decline further over the next few weeks, agriculture minister Sharad Pawar said on Wednesday.
He said the moderation in wholesale rates should now reflect in retail prices, adding that wholesale sugar prices were now Rs400-450 per 100kg lower than the 20-year high of Rs4,200 hit last week, and a similar fall was anticipated over the next few weeks.
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First Published: Wed, Jan 20 2010. 10 33 PM IST