ChiniMandi, Mumbai: 16th August 2022
Domestic Trade Market
The market witnessed good demand after a long weekend, prices remained range bound.
Ex-mill sugar prices as on August, 16 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3330 to 3370 |
₹3400 to 3460 |
|
Karnataka |
₹3350 to 3420 |
₹3430 to 3520 |
|
Uttar Pradesh |
|
₹3535 to 3620 |
|
Gujarat |
₹3331 to 3391 |
₹3381 to 3441 |
|
Tamil Nadu |
₹3500 to 3550 |
₹3550 to 3600 |
|
Madhya Pradesh |
₹3480 to 3495 |
₹3530 to 3560 |
|
Punjab |
|
₹3600 to 3661 |
|
(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 (SWV22) is trading at $557.50/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 18.50 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.332 whereas USD was trading with BRL at 5.1342 Crude futures traded at ₹7126, Crude WTI traded at $89.67/barrel. Sensex closed 379.43 points higher at 59,842.21 whereas Nifty ended 127.10 points higher at 17,825.25.
