ChiniMandi, Mumbai: 2nd May 2022
Domestic Trade Market
The market witnessed good demand nationwide and prices going up after the announcement of sugar monthly quota for domestic sale in the month of May 2022.
Ex-mill sugar prices as on May, 02 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
โน3240 to 3320 |
โน3350 to 3420 |
|
Karnataka |
โน3300 to 3325 |
โน3400 to 3420 |
|
Uttar Pradesh |
|
โน3550 to 3650 |
|
Gujarat |
โน3391 to 3431 |
โน3451 to 3481 |
|
Tamil Nadu |
โน3525 to 3600 |
โน3575 to 3650 |
|
Madhya Pradesh |
โน3460 to 3480 |
โน3510 to 3520 |
|
Punjab |
|
โน3650 to 3701 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is not trading on occasion of Early May Bank Holiday, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 19.35 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 76.503 whereas USD was trading with BRL at 4.9981, Crude futures traded at โน7735, Crude WTI traded at $100.87/barrel. Sensex closed 84.88 points lower at 56,975.99 whereas Nifty ended 133.45 points lower at 17,069.10
