Daily Market Update By ‘Vizzie’

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ChiniMandi, Mumbai – Monday 3rd Dec. 2018

? Domestic: The market began with scattered demand in markets of Maharashtra & Uttar Pradesh. Today in Maharashtra S/30 was traded at ₹2920-₹2950, whereas in Uttar Pradesh, M/30 was traded at ₹3065 to ₹3115 (Rates are excluding GST).

? International: The market has been held with quietness and scanty demand. London White Sugar traded at $350.70, whereas US Sugar Traded $13.00

The FOB indication for raw sugar was at $298-$304 & Indian White Sugar at $313-$318 with rupee getting stronger against dollar.

The demand of Raw Sugar range was ₹18900-19100/mt & White Sugar ₹19700-₹19900/MT on Ex.factory basis.

? Currency & Commodity: USD/INR was traded at 70.67 & USD/BRL 3.830, Domestic Crude Futures ₹3752 (+176), Crude WTI $53.10

? Equity: BSE Sensex closed at 36241 (+46.70 Points) & Nifty closed at 10883 (+7.0 Points)

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