ChiniMandi, Mumbai: 4th October 2022
Domestic Trade Market
On 30th September 2022, the DPFD allocated a quota of 23.5 LMT for sale in the domestic market.
The market witnessed moderate demand.
Ex-mill sugar prices as on October,04 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3310 to 3350 |
₹3380 to 3430 |
|
Karnataka |
Holiday |
Holiday |
|
Uttar Pradesh |
|
₹3540 to 3620 |
|
Gujarat |
₹3381 to 3431 |
₹3431 to 3491 |
|
Tamil Nadu |
Holiday |
Holiday |
|
Madhya Pradesh |
₹3500 to 3525 |
₹3550 to 3585 |
|
Punjab |
|
₹3610 to 3660 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update London White Sugar #5 front month contract (SWV22) is trading at $524.70/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 17.50 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 81.578 whereas USD was trading with BRL at 5.1374, Crude futures traded at ₹6925, Crude WTI traded at $84.77/barrel. Sensex closed 1276.66 points higher at 58,065.74 whereas Nifty ended 386.95 points lower at 17,274.30.
