ChiniMandi, Mumbai: 18th August 2022
Domestic Trade Market
The market witnessed good demand. Marketmen are expecting to witness better demand in the coming days with the Ganesh Chaturthi and Navratri in the upcoming month.
Ex-mill sugar prices as on August, 18 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3340 to 3380 |
₹3430 to 3470 |
|
Karnataka |
₹3390 to 3430 |
₹3470 to 3490 |
|
Uttar Pradesh |
|
₹3580 to 3650 |
|
Gujarat |
₹3351 to 3431 |
₹3401 to 3481 |
|
Tamil Nadu |
₹3510 to 3555 |
₹3575 to 3600 |
|
Madhya Pradesh |
₹3500 to 3535 |
₹3585 to 3595 |
|
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 $544.50/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 18.07 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.620 whereas USD was trading with BRL at 5.1403 Crude futures traded at ₹7096, Crude WTI traded at $89.03/barrel. Sensex closed 37.87 points higher at 60,298 whereas Nifty ended 12.25 points higher at 17,956.50.
