ChiniMandi, Mumbai: 1st April 2022
Domestic Trade Market
The market sentiments have been quite positive, good demand was witnessed nationwide. Sugar rates have taken a jump across the country by ₹80 to 100/Quintal after the announcement of the Monthly Release Order for the month of April 2022.
State wise prices today:
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3180 to 3275 |
₹3275 to 3350 |
|
Karnataka |
₹3200 to 3280 |
₹3270 to 3350 |
|
Uttar Pradesh |
|
₹3500 to 3675 |
|
Gujarat |
₹3370 to 3400 |
₹3410 to 3440 |
|
Tamil Nadu |
₹3360 to 3450 |
₹3450 to 3500 |
|
Madhya Pradesh |
₹3375 to 3400 |
₹3455 to 3480 |
|
Punjab |
|
₹3550 to 3610 |
|
(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 $538.80/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 19.39 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 75.959, whereas USD was trading with BRL at 4.6997, Crude futures traded at Rs.7565, Crude WTI traded at $99.38/barrel. Sensex closed 708.18 points higher at 59,276.69 whereas Nifty ended 205.70 points higher at 17,670.45.
