ChiniMandi, Mumbai: 28th October 2022
Domestic Trade Market
The market witnessed good demand.
Ex-mill sugar prices as on October, 28th October 2022:
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3250 to 3350 |
₹3340 to 3425 |
|
Karnataka |
₹3320 to 3380 |
₹3380 to 3425 |
|
Uttar Pradesh |
|
₹3500 to 3650 |
|
Gujarat |
₹3321 to 3391 |
₹3371 to 3461 |
|
Tamil Nadu |
₹3400 to 3500 |
₹3470 to 3550 |
|
Madhya Pradesh |
₹3495 to 3505 |
₹3555 to 3565 |
|
Punjab |
|
₹3610 to 3680 |
|
(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 $515.50 /ton, whereas the New York Sugar #11 front month contract (SBH23) is trading at 17.61 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.430 whereas USD was trading with BRL at 5.3430, Crude futures traded at ₹7077, Crude WTI traded at $88.12/barrel. Sensex closed 203.01 points higher at 59,959.85, whereas Nifty ended 49.85 points up at 17,786.80.
