Daily Sugar Market Update By Vizzie – 03/01/2022

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ChiniMandi, Mumbai: 3rd January 2022

Domestic Market

The market witnessed moderate demand.

State wise prices today

◾ Maharashtra:S/30 Sugar rates from millers are ₹3180 to ₹3250/Qntl. whereas M/30 ₹3275 to 3350/Qntl.

◾ Karnataka : S/30 Sugar rates were ₹3250 to 3450/Qntl. whereas M/30 ₹3320 to 3425/Qntl.

◾ Uttar Pradesh: The rates for M/30 were at ₹3470 to 3500/Qntl.

◾ Gujarat: S/30 Sugar rates are ₹3271 to 3401/Qntl. whereas M/30 rates are at ₹3371 to 3451/Qntl.

◾ Tamil Nadu: S/30 Sugar rates are ₹3400 to 3500/Qntl. whereas M/30 rates are at ₹3510 to 3550/Qntl.

(All the above rates are excluding GST)

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 74.324

whereas USD was trading with BRL at 5.7177, Crude futures traded at Rs.5627, Crude WTI traded at $75.56 a barrel. Sensex closed 929.40 points higher at 59,183.22 whereas Nifty ended 271.65 points higher at 17,625.70.

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