ChiniMandi, Mumbai: 01st December 2022
Domestic Trade Market
On 30th November 2022, the DPFD allocated 22 LMT December sugar quota for sale in the domestic market.
The market witnessed moderate demand.
Ex-mill sugar prices as on December, 1st 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3270 to 3310 |
₹3370 to 3420 |
|
Karnataka |
₹3325 to 3375 |
₹3370 to 3380 |
|
Uttar Pradesh |
|
₹3560 to 3640 |
|
Gujarat |
₹3381 to 3401 – new |
₹3351 to 3401 – old ₹3431 to 3451 – new |
|
Tamil Nadu |
₹3425 to 3475 |
₹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 $538.60/ton, whereas the New York Sugar #11 front month contract is trading at 19.50 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 81.243 whereas USD was trading with BRL at 5.2088, Crude futures traded at ₹6645, Crude WTI traded at $81.66/barrel. Sensex closed 184.54 points higher at 63,284.19 whereas Nifty ended 54.15 points higher at 18,812.50.
