ChiniMandi, Mumbai: 8th December 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on December, 08 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3270 to 3310 |
₹3380 to 3420 |
|
Karnataka |
₹3320 to 3350 |
₹3370 to 3380 |
|
Uttar Pradesh |
|
₹3630 to 3720 |
|
Gujarat |
₹3391 to 3411 – new |
₹3351 to 3421 – old ₹3441 to 3451 – new |
|
Tamil Nadu |
₹3400 to 3450 |
₹3475 to 3500 |
|
Madhya Pradesh |
₹3450 to 3500 |
₹3555 to 3565 |
|
Punjab |
|
₹3590 to 3751 |
|
(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 $544/ton, whereas the New York Sugar #11 front month contract is trading at 19.82 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.337 whereas USD was trading with BRL at 5.2077, Crude futures traded at ₹6215, Crude WTI traded at $75.33/barrel. Sensex closed 160 points higher at 62,570.86 whereas Nifty ended 48.85 points higher at 18,609.35.
