ChiniMandi, Mumbai: 1st February 2023
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on February, 01 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3230 to 3250 |
₹3320 to 3370 |
|
Karnataka |
₹3350 to 3375 |
₹3425 to 3450 |
|
Uttar Pradesh |
|
₹3450 to 3500 |
|
Gujarat |
₹3291 to 3321 |
₹3351 to 3371 |
|
Tamil Nadu |
₹3350 to 3425 |
₹3400 to 3475 |
|
Madhya Pradesh |
₹3360 to 3380 |
₹3410 to 3420 |
|
Punjab |
₹3480 to 3571 |
|
|
(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 $571.90/ton, whereas the New York Sugar #11 front month contract is trading at 21.63 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 81.799, whereas USD was trading with BRL at 5.0588, Crude futures traded at ₹6475, Crude WTI traded at $78.96/barrel. Sensex closed 158.18 points higher at 59,708.08 whereas Nifty ended 45.85 points lower at 17,616.30.
