Daily Sugar Market Update By Vizzie – 09/03/2022

ChiniMandi, Mumbai: 9th March 2022

Domestic Trade Market

Traders witnessed a scanty demand today and also some shortage of lorries from Maharashtra.

State wise prices today:

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3130 to 3200

₹3210 to 3300

Karnataka

₹3150 to 3220

₹3230 to 3320

Uttar Pradesh

₹3470 to 3600

Gujarat

₹3291 to 3301

₹3331 to 3361

Tamil Nadu

₹3330 to 3450

₹3450 to 3500

Madhya Pradesh

₹3335 to 3370

₹3415 to 3470

Punjab

₹3540 to 3670

(All the above rates are excluding GST)


International Trade Market

At the time of writing this update, the London White Sugar front month contract is trading at $529.60/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBH22) is trading at 19.21 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 76.59, whereas USD was trading with BRL at 5.01184, Crude futures traded at Rs.8980, Crude WTI traded at $117.15 barrel. Sensex closed 1223.24 points higher at 56,647.33 whereas Nifty ended 331.90 points higher at 16,345.35

LEAVE A REPLY

Please enter your comment!
Please enter your name here