ChiniMandi, Mumbai: 9th December 2021
Domestic Market:
Sugar Market Scenario:
The market witnessed moderate demand.
State wise prices today
тЧ╛ Maharashtra:S/30 Sugar rates from millers are тВ╣3230 to тВ╣3260/Qntl. whereas M/30 тВ╣3290 to 3350/Qntl.
тЧ╛ Karnataka : S/30 Sugar rates were тВ╣3300 to 3375/Qntl. whereas M/30 тВ╣3425/Qntl.
тЧ╛ Uttar Pradesh: The rates for M/30 were at тВ╣3520 to 3550/Qntl.
тЧ╛ Gujarat: S/30 Sugar rates are тВ╣3271 to 3301/Qntl. whereas M/30 rates are at тВ╣3371 to 3471/Qntl.
тЧ╛ Tamil Nadu: S/30 Sugar rates are тВ╣3375 to 3525/Qntl. whereas M/30 rates are at тВ╣3510 to 3550/Qntl.
(All the above rates are excluding GST)
International Market:
Market Today:
The London White Sugar front month contract is trading at $508.50/ton whereas the New York Sugar front month contract is trading at 19.59/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar whereas USD was trading with BRL at 5.5513, Crude futures traded at Rs.5430 Crude WTI traded at $71.76 a barrel. Sensex closed 157.45 points higher at 58,807.13 whereas Nifty ended 47.10 points higher at 17,516.85
