ChiniMandi, Mumbai: 14th June 2022
Domestic Trade Market
The market witnessed moderate demand today.
Ex-mill sugar prices as on June, 14 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3250 to 3280 |
₹3350 to 3380 |
|
Karnataka |
₹3280 to 3330 |
₹3400 to 3430 |
|
Uttar Pradesh |
|
₹3505 to 3575 |
|
Gujarat |
₹3311 to 3371 |
₹3361 to 3411 |
|
Tamil Nadu |
₹3450 to 3550 |
₹3575 to 3600 |
|
Madhya Pradesh |
₹3380 to 3415 |
₹3460 to 3475 |
|
Punjab |
|
₹3560 to 3601 |
|
(All the above rates are excluding GST) |
||
International Trade Market
On Friday, sugar prices closed lower on worries of global economies. London sugar prices closed lower $14.40 at $564.30/tonne whereas NY sugar closed 0.42 cents lower at 18.87 c/lb.
At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $568.20/ton, whereas the New York Sugar front month contract US sugar #11 (SBK22) is trading at 18.74 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.992 whereas USD was trading with BRL at 5.1019, Crude futures traded at ₹9541, Crude WTI traded at $122.36/barrel. Sensex closed 153.13 points lower at 52,693.57 whereas Nifty ended 42.30 points lower at 15,732.10.
