ChiniMandi, Mumbai: 18th May 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on May, 18 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3220 to 3275 |
₹3305 to 3340 |
|
Karnataka |
₹3235 to 3290 |
₹3315 to 3350 |
|
Uttar Pradesh |
|
₹3475 to 3570 |
|
Gujarat |
₹3310 to 3371 |
₹3371 to 3431 |
|
Tamil Nadu |
₹3465 to 3570 |
₹3540 to 3630 |
|
Madhya Pradesh |
₹3390 to 3400 |
₹3435 to 3450 |
|
Punjab |
|
₹3555 to 3591 |
|
(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 $553.80/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 19.87 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.716 whereas USD was trading with BRL at 4.9626, Crude futures traded at ₹8627, Crude WTI traded at $108/barrel. Sensex closed 109.94 points lower at 54,208.53 whereas Nifty ended 19.240.30 points lower at 16,240.30.
