ChiniMandi, Mumbai – Friday, 18th January 2019
Domestic: The week ended with a downtrend and no demand. The rates millers quoted today were as follows, Kolhapur belt тАЛтВ╣2900 to тВ╣2920,тАЛ Pune-Ahmednagar belt тАЛтВ╣2920 to тВ╣2940.тАЛ In Uttar Pradesh, M/30 was traded at тАЛтВ╣3200 to to 3250тАЛ. In Gujarat S/30 was traded at тВ╣3055. (Rates are excluding GST).тАЛ тАЛMeanwhile In Kolkata, S/30 was traded at тВ╣3460-тВ╣3470. (Including all taxes)
тАв International: The market is holding a flatness. London White Sugar is trading at $350.10, whereas US Sugar is trading at $12.92.
The FOB indication for raw sugar was at $298-$302 and Indian White Sugar at $312-$316
The demand of Raw Sugar range was тВ╣18300-18500/mt and White Sugar тВ╣19300-тВ╣19500/MT on Ex.factory basis.
тАв Currency & Commodity:тАЛ USD traded with INR at 71.21 meanwhile USD traded with BRL at 3.7525, Crude Futures тАЛtraded at тАЛтВ╣3752, тАЛWTI $52.76
тАв Looking at indices, Markets closed marginally higher after a volatile session as investors largely stuck to index heavyweights despite positive global cues. The BSE Sensex settled 12.53 points higher at 36386. The broader NSE Nifty inched up 1.75 points to 10906.
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