Daily Sugar Market Update By Vizzie – 09/02/2023

ChiniMandi, Mumbai: 9th February 2023

Domestic Trade Market
The market witnessed moderate demand.

Ex-mill sugar prices as on February, 09 2023 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3230 to 3250

₹3320 to 3370

Karnataka

₹3350 to 3375

₹3425  to 3450

Uttar Pradesh

            ₹3450 to 3660

Gujarat

₹3321 to 3351

            ₹3371 to 3401

Tamil Nadu

₹3390 to 3450

₹3440 to 3500

Madhya Pradesh

₹3350 to 3390

₹3420 to 3460

Punjab

₹3460 to 3571

(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 $572.70/ton, whereas the New York Sugar #11 front month contract is trading at 21.53 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 82.450, whereas USD was trading with BRL at 5.2681, Crude futures traded at ₹6397, Crude WTI traded at $77.44/barrel. Sensex closed 142.43 points higher at 60,806 whereas Nifty ended 21.75 points higher at 17,893.45

LEAVE A REPLY

Please enter your comment!
Please enter your name here