ChiniMandi, Mumbai: 31st January 2023
Domestic Trade Market
The market witnessed scanty demand.
Ex-mill sugar prices as on January, 31 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3200 to 3220 |
₹3270 to 3370 |
|
Karnataka |
₹3250 to 3325 |
₹3300 to 3375 |
|
Uttar Pradesh |
|
₹3450 to 3500 |
|
Gujarat |
₹3281 to 3311 |
₹3311 to 3351 |
|
Tamil Nadu |
₹3350 to 3425 |
₹3400 to 3475 |
|
Madhya Pradesh |
₹3330 to 3370 |
₹3390 to 3440 |
|
Punjab |
₹3490 to 3581 |
|
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update London White Sugar #5 front month contract is trading at $572.20/ton, whereas the New York Sugar #11 front month contract is trading at 21.51 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 81.836, whereas USD was trading with BRL at 5.1246, Crude futures traded at ₹6326, Crude WTI traded at $77.03/barrel. Sensex closed 49.49 points higher at 59,549.90 whereas Nifty ended 13.20 points higher at 17,662.15.
