Daily Market Update By ‘Vizzie’

ChiniMandi, Mumbai – Monday, 31st December. 2018

•Domestic: The market has been quiet. In Maharashtra, S/30 was traded at ₹2920-₹2960, In Uttar Pradesh market, M/30 was traded at ₹3050 to ₹3150 (Rates are excluding GST).

• International: The market was quiet. London White Sugar traded at $339, whereas US Sugar Traded at $12.30

• The FOB indication for raw sugar was at $295-$300 & Indian White Sugar at $312-$315

The demand of Raw Sugar range was ₹18500-18700/mt & White Sugar ₹19200-₹19400/MT on Ex.factory basis.

• Currency & Commodity: The rupee, meanwhile, strengthened against the US dollar and traded at 70.16, meanwhile USD traded with BRL at 3.880, Crude Futures traded at ₹3140, WTI $46.11

• Equity: The 30-share BSE index fell 8.39 points and closed at 36068; while the broader NSE Nifty edged lower by 2.65 point and closed at 10862.

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