Sugar prices at the Vashi wholesale market declined further by Rs 5-8 a quintal and ruled unchanged at naka level on Wednesday. Mill tender rates dropped by Rs 10-20 on eased demand. Volumes remained limited. Arrivals were at 34-35 truck loads (of 10 tonnes each) and local dispatches, too, were at the same level. Inventory was about 85-90 loads. Freight rates were stable at Rs 80-100 per bag. On Tuesday evening, 13-14 mills offered tenders and sold about 24,000-25,000 bags at Rs 3,150-3,210 for S-grade and Rs 3,240-3,310 for M-grade. The Bombay Sugar Merchants Association spot rates (Rs/quintal): S-grade 3,296-3,382 and M-grade 3,410-3,580.