Daily Sugar Market Update By Vizzie – 15/11/2022

ChiniMandi, Mumbai: 15th November 2022

Domestic Trade Market
The market witnessed good demand.

Ex-mill sugar prices as on November, 15th 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3250 to 3350

₹3340 to 3425

Karnataka

₹3355 to 3385

₹3380  to 3400

Uttar Pradesh

₹3550 to 3640

Gujarat

₹ 3361

₹3361 to 3431

Tamil Nadu

₹3400 to 3500

₹3490 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 is trading at $565.40/ton, whereas the New York Sugar #11 front month contract is trading at 19.89 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 80.800 whereas USD was trading with BRL at 5.3326, Crude futures traded at ₹6874, Crude WTI traded at $84.78/barrel. Sensex closed 248.84 points higher at 248.84 higher 61,872.99 whereas Nifty ended 74.25 points lower at 18,403.40.

LEAVE A REPLY

Please enter your comment!
Please enter your name here