ChiniMandi, Mumbai: 9th May 2022
Domestic Trade Market
The market witnessed moderate demand nationwide.
Ex-mill sugar prices as on May, 09 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3240 to 3300 |
₹3300 to 3360 |
|
Karnataka |
₹3250 to 3280 |
₹3330 to 3380 |
|
Uttar Pradesh |
|
₹3500 to 3600 |
|
Gujarat |
₹3381 to 3421 |
₹3441 to 3471 |
|
Tamil Nadu |
₹3475 to 3575 |
₹3500 to 3525 |
|
Madhya Pradesh |
₹3400 to 3430 |
₹3460 to 3490 |
|
Punjab |
|
₹3600 to 3651 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $522.80/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 18.76 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.501 whereas USD was trading with BRL at 5.0806, Crude futures traded at ₹8312, Crude WTI traded at $107.21/barrel. Sensex closed 364.91 points lower at 54,470.67 whereas Nifty ended 109.40 points lower at 16,301.85.
