Sugar prices plunge on record production, weak demand.

Sugar prices slumped at the wholesale market in the national capital following mounting of stocks on ceaseless supplies from mills due to record output amid need base offtake by stockists and bulk consumers. Abound availability of sugar in the market on non-stop supplies from mills because of high output amid selective buying by stockists and bulk consumers such as soft-drink and ice-cream makers caused the downfall in sugar prices.