ChiniMandi, Mumbai: 31st May 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on May, 31 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3220 to 3250 |
₹3310 to 3340 |
|
Karnataka |
₹3250 to 3290 |
₹3315 to 3350 |
|
Uttar Pradesh |
|
₹3490 to 3595 |
|
Gujarat |
₹3310 to 3361 |
₹3371 to 3411 |
|
Tamil Nadu |
₹3425 to 3540 |
₹3475 to 3575 |
|
Madhya Pradesh |
₹3370 to 3380 |
₹3410 to 3430 |
|
Punjab |
|
₹3530 to 3591 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $573.40/ton, whereas the New York Sugar front month contract US sugar #11 (SBK22) is trading at 19.71 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.684 whereas USD was trading with BRL at 4.7515, Crude futures traded at ₹9212, Crude WTI traded at $118.72/barrel. Sensex closed 359.33 points lower at 55,566.41 whereas Nifty ended 76.85 points lower at 16,584.55.
