Daily Sugar Market Update By Vizzie – 14/02/2023

ChiniMandi, Mumbai: 14th February 2023

Ex-mill sugar prices as on February, 14 2023 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3220 to 3250

₹3320 to 3350

Karnataka

₹3300 to 3350

₹3425 to 3400

Uttar Pradesh

        ₹3400 to 3450

Gujarat

₹3321 to 3351

        ₹3371 to 3401

Tamil Nadu

₹3330 to 3450

₹3400 to 3445

Madhya Pradesh

₹3340 to 3380

₹3410 to 3450

Punjab

₹3460 to 3551

(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 $563/ton, whereas the New York Sugar #11 front month contract is trading at 21.40 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 82.873, whereas USD was trading with BRL at 5.1635, Crude futures traded at ₹6552, Crude WTI traded at $79.00/barrel. Sensex closed 600.42 points higher at 61,032.26 whereas Nifty ended 158.95 points higher at 17,929.85

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