ChiniMandi, Mumbai: 10th August 2022
Domestic Trade Market
There was not much demand witnessed across the Nation because of the festive week (Muharram, Raksha Bandhan) market movement was quite slow, prices were stable.
Ex-mill sugar prices as on August, 10 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3340 to 3400 |
₹3410 to 3470 |
|
Karnataka |
₹3350 to 3430 |
₹3550 to 3640 |
|
Uttar Pradesh |
|
₹3535 to 3620 |
|
Gujarat |
₹3331 to 3391 |
₹3381 to 3441 |
|
Tamil Nadu |
₹3475 to 3550 |
₹3525 to 3600 |
|
Madhya Pradesh |
₹3460 to 3480 |
₹3520 to 3540 |
|
Punjab |
|
₹3600 to 3681 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar #5 front month contract (SWV22) is trading at $550.90/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 18.36 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.224 whereas USD was trading with BRL at 5.0461 Crude futures traded at ₹7194, Crude WTI traded at $90.47/barrel. Sensex closed 35.78 points lower at 58,817.29 whereas Nifty ended 9.65 points higher at 17,534.75.
