ChiniMandi, Mumbai: 20th May 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on May, 20 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3220 to 3275 |
₹3305 to 3340 |
|
Karnataka |
₹3250 to 3290 |
₹3320 to 3350 |
|
Uttar Pradesh |
|
₹3490 to 3555 |
|
Gujarat |
₹3310 to 3371 |
₹3371 to 3431 |
|
Tamil Nadu |
₹3480 to 3600 |
₹3600 to 3650 |
|
Madhya Pradesh |
₹3390 to 3400 |
₹3435 to 3450 |
|
Punjab |
|
₹3570 to 3621 |
|
(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 $556.50/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 19.99 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.642 whereas USD was trading with BRL at 4.8953, Crude futures traded at ₹8958, Crude WTI traded at $110.34/barrel. Sensex closed 1534.16 points lower at 54,326.39 whereas Nifty ended 456.59 points higher 16,226.15.
