Daily Sugar Market Update By Vizzie – 13/02/2023

ChiniMandi, Mumbai: 13th February 2023

Domestic Trade Market
The market witnessed moderate demand.

Ex-mill sugar prices as on February, 13 2023 :

 

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3220 to 3250

₹3320 to 3350

Karnataka

₹3325 to 3350

₹3425 to 3400

Uttar Pradesh

        ₹3400 to 3450

Gujarat

₹3321 to 3351

        ₹3371 to 3401

Tamil Nadu

₹3360 to 3450

₹3425 to 3475

Madhya Pradesh

₹3360 to 3390

₹3410 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 $565.10/ton, whereas the New York Sugar #11 front month contract is trading at 21.29 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 82.701, whereas USD was trading with BRL at 5.2081, Crude futures traded at ₹6531, Crude WTI traded at $78.05/barrel. Sensex closed 250.86 points lower at 60,431.84 whereas Nifty ended 85.60 points lower at 17,770.90

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