Daily Sugar Market Update By Vizzie – 24/03/2022

ChiniMandi, Mumbai: 24th March 2022

Domestic Trade Market

Traders witnessed moderate demand.

State wise prices today:

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

โ‚น3130 to 3200

โ‚น3220 to 3280

Karnataka

โ‚น3160 to 3230

โ‚น3240 to 3300

Uttar Pradesh

โ‚น3400 to 3525

Gujarat

โ‚น3281 to 3291

โ‚น3321 to 3341

Tamil Nadu

โ‚น3320 to 3400

โ‚น3430 to 3490

Madhya Pradesh

โ‚น3280 to 3340

โ‚น3360 to 3430

Punjab

โ‚น3460 to 3575

(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 $554.90/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22)ย Is trading at 19.48 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 76.388, whereas USD was trading with BRL at 4.8131, Crude futures traded at Rs.8771, Crude WTI traded at $114.58/barrel. Sensex closed 89.14 points lower at 57,595.68 whereas Nifty ended 22.90 points lower at 17,222.75

LEAVE A REPLY

Please enter your comment!
Please enter your name here