Daily Sugar Market Update By Vizzie – 14/11/2022

ChiniMandi, Mumbai: 14th November 2022

Domestic Trade Market
The market witnessed good demand.

Ex-mill sugar prices as on November, 14th 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

тВ╣3250 to 3350

тВ╣3340 to 3425

Karnataka

тВ╣3320 to 3380

тВ╣3380┬а to 3425

Uttar Pradesh

тВ╣3550 to 3640

Gujarat

тВ╣ 3361

тВ╣3361 to 3431

Tamil Nadu

тВ╣3390 to 3500

тВ╣3470 to 3550

Madhya Pradesh

тВ╣3495 to 3505

тВ╣3555 to 3565

Punjab

тВ╣3610 to 3680

(All the above rates are excluding GST)

International Trade Market

At the time of writing this update London White Sugar #5 front month contract is trading at $564.40/ton, whereas the New York Sugar #11 front month contract is trading at 19.55 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 82.233 whereas USD was trading with BRL at 5.2737, Crude futures traded at тВ╣7151, Crude WTI traded at $87.89/barrel. Sensex closed 170.89 points lower at 61,624.15 whereas Nifty ended 20.55 points lower at 17,329.15.

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