Daily Market Update by ‘Vizzie’

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Image Credits: ChiniMandi

ChiniMandi Mumbai-20th Nov. 2018

💡 Domestic: The domestic market was scattered with poor demand, the rates at which sugar grade S/30 was traded were Maharashtra ₹2900-₹2930, Uttar Pradesh M/30 ₹2950 to ₹3050 (Rates are excluding GST) Domestic Crude Futures ₹3914.00 (-3.75%)

💡 International: Due to downward trend in Crude, There is direct impact on international raw & white sugar prices. today market slumped by 3.13% & trading at 12.40, London Sugar 343.90 (+0.82%), Crude WTI 54.38 (-4.93%)
Indian Raw Sugar traded at $300-$302/MT (FOB) & Indian White Sugar at $318-$320/MT (FOB)

💡 Equity: BSE Sensex 35474.51 (-300.37), Nifty 10656.20 (-107.20)

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