The market witnessed moderate demand.
Ex-mill sugar prices as on February, 15 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 $564.50/ton, whereas the New York Sugar #11 front month contract is trading at 19.73 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.817, whereas USD was trading with BRL at 5.2071, Crude futures traded at ₹6531, Crude WTI traded at $78.29/barrel. Sensex closed 242.83 points higher at 61,275.09 whereas Nifty ended 86.00 points higher at 18,015.85.
