ChiniMandi, Mumbai – Wednesday 18th September 2019
Domestic: The market witnessed a mixed trend. The market prices were down Rs.5 to Rs.10.
Maharashtra: S/30 Sugar trades took place at Rs.3180 to Rs.3220/Qntl whereas M/30 trades took place at Rs.3225 to Rs.3370.
Uttar Pradesh: The market trades for M/30 are taking place at Rs.3380 to 3430.
Gujarat: S/30 Sugar is trading at Rs.3225 to Rs.3255 and M/30 Rs.3350 to 3470.
Kolkata: The trades for M/30 are taking place at Rs.3745 to 3795.
Tamil Nadu: S/30 Sugar is trading at Rs.3445 to Rs.3520 whereas M/30 is trading at Rs.3520
*All domestic rates except Kolkata are excluding GST
International Market: The Sugar market continued to consolidate and is trading range bound since opening. London White Sugar front month contract is trading at $321.80/tn whereas US Sugar front month contract is trading at $10.97 at 17:10 hours. OCSB has reduced the estimated cane output for 19/20 season to 111.6 mn MTs of cane.
Currency,Commodity & Indian Indices: The rupee was trading against the US dollar at 71.224 meanwhile USD traded with BRL at 4.0804, Crude Futures traded at Rs.4199, Crude WTI traded at $58.80. Ahead of the Fed policy, Sensex closed 82.79 points higher at 36,563.88 while Nifty closed 23.05 points higher at 10,840.
To Listen to this News click on the button below the image.
