ChiniMandi, Mumbai: 18th October 2022
Domestic Trade Market
The market witnessed good demand.
Ex-mill sugar prices as on October,18th 2022 :
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
Maharashtra |
₹3250 to 3350 |
₹3340 to 3425 |
Karnataka |
₹3320 to 3380 |
₹3380 to 3425 |
Uttar Pradesh |
|
₹3500 to 3650 |
Gujarat |
₹3331 to 3371 |
₹3371 to 3441 |
Tamil Nadu |
₹3390 to 3500 |
₹3470 to 3550 |
Madhya Pradesh |
₹3495 to 3505 |
₹3555 to 3565 |
Punjab |
|
₹3610 to 3680 |
(All the above rates are excluding GST) |
International Trade Market
At the time of writing this update London White Sugar #5 front month contract (SWV22) is trading at $546.40/ton, whereas the New York Sugar #11 front month contract (SBH23) is trading at 18.61 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.227 whereas USD was trading with BRL at 5.2784, Crude futures traded at ₹7077, Crude WTI traded at $83.62/barrel. Sensex closed 549.62 points higher at 58,960.60 whereas Nifty ended 175.15 points higher at 17,486.95.