ChiniMandi, Mumbai: 23rd February 2023
Domestic Market
The market witnessed moderate demand
Ex-mill sugar prices as on February, 23 2023 :
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
Maharashtra |
₹3200 to 3230 |
₹3300 to 3340 |
Karnataka |
₹3280 to 3325 |
₹3375 to 3400 |
Uttar Pradesh |
|
₹3400 to 3450 |
Gujarat |
₹3301 to 3321 |
₹3361 to 3401 |
Tamil Nadu |
₹3310 to 3450 |
₹3400 to 3475 |
Madhya Pradesh |
₹3355 to 3395 |
₹3425 to 3465 |
Punjab |
₹3460 to 3551 |
|
(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 $569.20/ton, whereas the New York Sugar #11 front month contract is trading at 21.38 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.6765, whereas USD was trading with BRL at 5.1461, Crude futures traded at ₹6203, Crude WTI traded at $74.75/barrel. Sensex closed 139.18 points lower at 59,605.80 whereas Nifty ended 43.05 points lower at 17,511.25.