ChiniMandi, Mumbai: 31st March 2022
Domestic Trade Market
Traders witnessed a good demand with a jump of ₹40 to ₹50/quintal, after the announcement of a monthly sugar quota of 22 Lakh MT for April 2022.
State wise prices today:
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3150 to 3200 |
₹3260 to 3350 |
|
Karnataka |
₹3170 to 3250 |
₹3270 to 3350 |
|
Uttar Pradesh |
|
₹3500 to 3675 |
|
Gujarat |
₹3300 to 3325 |
₹3375 to 3400 |
|
Tamil Nadu |
₹3330 to 3400 |
₹3450 to 3500 |
|
Madhya Pradesh |
₹3350 to 3400 |
₹3430 to 3460 |
|
Punjab |
|
₹3500 to 3570 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar front month contract is trading at $537.60/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 19.36 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 75.766, whereas USD was trading with BRL at 4.7700, Crude futures traded at Rs.7737, Crude WTI traded at $101.63/barrel. Sensex closed 115.48 points down at 58,561.51 whereas Nifty ended 33.50 points down at 17,464.75
