Daily Sugar Market Update By Vizzie – 02/04/2021

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ChiniMandi, Mumbai: Friday, 2nd April 2021
Domestic Market: The market witnessed moderate demand nationwide.
In Maharashtra: S/30 Sugar rates from millers are ₹3100 to ₹3130/Qntl. whereas M/30 ₹3215 to 3175. In the resale market S/30 is trading at ₹3000 to ₹3050 whereas M/30 is trading at ₹3050 to ₹3115
South Karnataka: S/30 rates are ₹3180 to 3200 whereas M/30 is ₹3200 to 3250.
Uttar Pradesh: The rates for M/30 are ₹3190 to 3220
Gujarat: Mills didn’t open sale for domestic quota due to the allotment of exchange MAEQ quota that several mills had taken up.
Tamil Nadu: S/30 Sugar rates are ₹3200 to 3250 whereas M/30 rates are at ₹3250 to 3275
(All the above rates are excluding GST)

International Market:
According to reports, on Thursday sugar prices closed down on lower Indian production and continued pandemic concerns
In the Indian market, white sugar of the season 2020/21 icumsa 100 ready delivery for exports is trading at ₹27250 to ₹27350 on ex factory basis. Demand for Raw sugar of the season 2020/21 icumsa between 600- 1200 is at ₹27000 to ₹27100 factory basis.

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