ChiniMandi, Mumbai: Monday 20th September 2021
Domestic Market:
Market Scenario:
Market witnessed scanty demand nationwide.
State wise prices as on September 20th, 2021 :
тЧ╛ Maharashtra:S/30 Sugar rates from millers are тВ╣3400 to тВ╣3475/Qntl. whereas M/30 тВ╣3530 to 3600/Qntl.
тЧ╛ Karnataka : S/30 Sugar rates were тВ╣3475 to 3525/Qntl. M/30 is at тВ╣3575 to 3600/Qntl.
тЧ╛ Uttar Pradesh: The rates for M/30 are тВ╣3700 to 3750/Qntl.
тЧ╛ Gujarat: S/30 Sugar rates are тВ╣3401 to 3491/Qntl. whereas M/30 rates are at тВ╣3551 to 3581.
тЧ╛ Tamil Nadu: S/30 Sugar rates are тВ╣3620 to 3675/Qntl. whereas M/30 rates are at тВ╣3700 to 3725/Qntl.
(All the above rates are excluding GST
International Market:
YesterdayтАЩs Closing:
On Friday sugar prices closed moderately lower on a weakness in crude prices. Crude prices fell -1%, this mainly undercuts ethanol prices and becomes bearish for sugar.
London White Sugar closed at $504.80/ton down $8.10 whereas New York Sugar closed lower -0.31 points at 19.18 cents per pound.
Market Today :
London White Sugar front month contract is trading at $497.70/tn whereas New York Sugar front month contract is trading at 18.89/lb
Currency, Commodity & Indian Indices: The rupee traded against the US dollar at 73.687 whereas USD was trading with BRL at 5.3341 Crude futures traded at Rs.5162 Crude WTI traded at $69.94 a barrel. Sensex closed 524.96 points lower at 58,490.93 whereas Nifty ended 188.25 points lower at 17,396.90
To receive ChiniMandi updates on WhatsApp, please click on the link below.
WhatsApp Group Link
