ChiniMandi, Mumbai: 11th February 2022
Domestic Trade Market
According to marketmen there has been no demand. In Maharashtra, sugar prices have slid down to MSP (Minimum Selling Price) level.
State wise prices today:
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3100 to 3175 |
₹3180 to 3270 |
|
Karnataka |
₹3120 to 3140 |
₹3210 to 3280 |
|
Uttar Pradesh |
|
₹3330 to 3450 |
|
Gujarat |
₹3150 to 3201 |
₹3281 to 3321 |
|
Tamil Nadu |
₹3275 to 3360 |
₹3350 to 3400 |
|
Madhya Pradesh |
₹3270 to 3295 |
₹3310 to 3335 |
|
Punjab |
|
₹3430 to 3521 |
|
(All the above rates are excluding GST) |
||
International Trade Market
Yesterday, London white sugar #5 (SWH22) closed up $7.20 at $510.40/ton whereas US sugar #11 (SBH22) closed lower 0.18 points at 18.30 c/lb
At the time of writing this update, the London White Sugar front month contract is trading at $510.40/ton, whereas the New York Sugar front month contract is trading at 18.30/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 75.387, whereas USD was trading with BRL at 5.2501, Crude futures traded at Rs.6807, Crude WTI traded at $90.36 barrel. Sensex closed 773.11 points lower at 58,152.92 whereas Nifty ended 231.10 points lower at 17,374.75.
