ChiniMandi, Mumbai: 30th August 2022
Domestic Trade Market
The market witnessed moderate demand. Marketmen are expecting to witness better demand in the month of September.
Ex-mill sugar prices as on August, 30 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3360 to 3410 |
₹3460 to 3500 |
|
Karnataka |
₹3440 to 3460 |
₹3530 to 3660 |
|
Uttar Pradesh |
|
₹3550 to 3650 |
|
Gujarat |
₹3371 to 3451 |
₹3421 to 3501 |
|
Tamil Nadu |
₹3550 to 3625 |
₹3625 to 3675 |
|
Madhya Pradesh |
₹3560 to 3570 |
₹3620 to 3630 |
|
Punjab |
|
₹3600 to 3671 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update London White Sugar #5 front month contract (SWV22) is trading at $551.30/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 18.33 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.461 whereas USD was trading with BRL at 5.0416 Crude futures traded at ₹7572, Crude WTI traded at $94.75/barrel. Sensex closed 1564.45 points higher at 59,537.07 whereas Nifty ended 446.40 points higher at 17,759.30.
