ChiniMandi, Mumbai: 2nd November 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on November,2nd 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
โน3300 to 3350 |
โน3370 to 3420 |
|
Karnataka |
โน3350 to 3380 |
โน3380ย to 3460 |
|
Uttar Pradesh |
|
โน3500 to 3650 |
|
Gujarat |
โน3321 to 3391 |
โน3371 to 3461 |
|
Tamil Nadu |
โน3425 to 3500 |
โน3525 to 3550 |
|
Madhya Pradesh |
โน3510 to 3530 |
โน3530 to 3555 |
|
Punjab |
|
โน3610 to 3680 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update London White Sugar #5 front month contract (SWZ22) is trading at $535.00/ton, whereas the New York Sugar #11 front month contract (SBH23) is trading at 18.28 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.728 whereas USD was trading with BRL at 5.1437, Crude futures traded at โน7328, Crude WTI traded at $88.44/barrel. Sensex closed 215.26 points lower at 60,906.09 whereas Nifty ended 62.55 points lower at 18,082.85.
