ChiniMandi, Mumbai: 17th August 2022
Domestic Trade Market
The market witnessed good demand. Marketmen are expecting to witness better demand in the coming days with the Ganesh Chaturthi and Navratri in the upcoming month.
Ex-mill sugar prices as on August, 17 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3330 to 3370 |
₹3400 to 3460 |
|
Karnataka |
₹3360 to 3420 |
₹3430 to 3460 |
|
Uttar Pradesh |
|
₹3580 to 3640 |
|
Gujarat |
₹3351 to 3411 |
₹3401 to 3461 |
|
Tamil Nadu |
₹3510 to 3555 |
₹3575 to 3600 |
|
Madhya Pradesh |
₹3490 to 3500 |
₹3550 to 3570 |
|
Punjab |
|
₹3600 to 3661 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar #5 front month contract (SWV22) is trading at $557.50/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 18.50 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.332 whereas USD was trading with BRL at 5.1342 Crude futures traded at ₹7126, Crude WTI traded at $89.67/barrel. Sensex closed 379.43 points higher at 59,842.21 whereas Nifty ended 127.10 points higher at 17,825.25.
