Daily Sugar Market Update By Vizzie – 14/04/2022

ChiniMandi, Mumbai: 14th April 2022

Domestic Trade Market

The market witnessed moderate demand nationwide.

Ex-mill sugar prices as on April, 14th 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3180 to 3230

₹3240 to 3310

Karnataka

₹3210 to 3290

₹3310 to 3370

Uttar Pradesh

₹3450 to 3600

Gujarat

₹3331 to 3371

₹3390 to 3411

Tamil Nadu

₹3410 to 3450

₹3495 to 3600

Madhya Pradesh

₹3420 to 3440

₹3465 to 3490

Punjab

₹3510 to 3541

(All the above rates are excluding GST)

International Trade Market

At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $574.00/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 20.16 c/lb.

Currency, Commodity & Indian Indices:

The Indian stock market remained closed today on account of the public holiday for Dr Baba Saheb Ambedkar Jayanti/Mahavir Jayanti.

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