ChiniMandi, Mumbai: 12th July 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on July, 12 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3250 to 3280 |
₹3350 to 3380 |
|
Karnataka |
₹3250 to 3330 |
₹3380 to 3490 |
|
Uttar Pradesh |
|
₹3450 to 3580 |
|
Gujarat |
₹3265 to 3311 |
₹3315 to 3361 |
|
Tamil Nadu |
₹3380 to 3550 |
₹3500 to 3550 |
|
Madhya Pradesh |
₹3370 to 3410 |
₹3450 to 3460 |
|
Punjab |
|
₹3535 to 3591 |
|
(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 (SWQ22) is trading at $538.70/ton, whereas the New York Sugar #11 front month contract (SBN22) is trading at 18.68 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.559 whereas USD was trading with BRL at 5.3863 Crude futures traded at ₹7899, Crude WTI traded at $99.22/barrel. Sensex closed 508.62 points lower at 53.886.61 whereas Nifty ended 157.70 points lower at 16,058.30.
