ChiniMandi, Mumbai: 22nd August 2022
Domestic Trade Market
The market witnessed moderate 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, 22 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3350 to 3400 |
₹3430 to 3500 |
|
Karnataka |
₹3390 to 3430 |
₹3495 to 3660 |
|
Uttar Pradesh |
|
₹3580 to 3650 |
|
Gujarat |
₹3371 to 3441 |
₹3421 to 3491 |
|
Tamil Nadu |
₹3510 to 3555 |
₹3575 to 3600 |
|
Madhya Pradesh |
₹3530 to 3560 |
₹3595 to 3610 |
|
Punjab |
|
₹3600 to 3681 |
|
(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 $549/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 17.96 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.861 whereas USD was trading with BRL at 5.1780 Crude futures traded at ₹7221, Crude WTI traded at $90.15/barrel. Sensex closed 872.28 points lower at 58,772.87 whereas Nifty ended 267.75 points lower at 17,490.70
