ChiniMandi, Mumbai: 8th February 2023
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on February, 08 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3230 to 3250 |
₹3320 to 3370 |
|
Karnataka |
₹3350 to 3375 |
₹3425 to 3450 |
|
Uttar Pradesh |
|
₹3450 to 3660 |
|
Gujarat |
₹3321 to 3351 |
₹3371 to 3401 |
|
Tamil Nadu |
₹3390 to 3450 |
₹3440 to 3500 |
|
Madhya Pradesh |
₹3350 to 3390 |
₹3420 to 3460 |
|
Punjab |
₹3460 to 3571 |
|
|
(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 $560.50/ton, whereas the New York Sugar #11 front month contract is trading at 20.91 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.522, whereas USD was trading with BRL at 5.2106, Crude futures traded at ₹6465, Crude WTI traded at $78.31/barrel. Sensex closed 377.75 points higher at 60,664.79 whereas Nifty ended 150.20 points higher at 17,871.70.
