ChiniMandi, Mumbai: 19th May 2022
Domestic Trade Market
The market witnessed scanty demand nationwide throughout the week.
Ex-mill sugar prices as on May, 19 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3220 to 3275 |
₹3305 to 3340 |
|
Karnataka |
₹3235 to 3290 |
₹3315 to 3350 |
|
Uttar Pradesh |
|
₹3490 to 3555 |
|
Gujarat |
₹3310 to 3371 |
₹3371 to 3431 |
|
Tamil Nadu |
₹3465 to 3570 |
₹3540 to 3630 |
|
Madhya Pradesh |
₹3390 to 3400 |
₹3435 to 3450 |
|
Punjab |
|
₹3555 to 3591 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $553.80/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 19.87 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.710 whereas USD was trading with BRL at 4.9690, Crude futures traded at ₹8370, Crude WTI traded at $105.37/barrel. Sensex closed 1416.30 points lower at 52,792.23 whereas Nifty ended 430.90 points lower at 15,809.40
