Daily Sugar Market Update By Vizzie – 04/03/2022

ChiniMandi, Mumbai: 4th March 2022
Domestic Market Update

Announcement of Quota for the month January 2022
The Department of Food & Public Distribution announced a 21.5 LMT monthly sugar quota for domestic sale in March 2022.

Domestic Trade Market

According to marketmen the demand has been picking. Traders witnessed a good demand today.
State wise prices today:



[Rates per Quintal]


[Rates per Quintal]


₹3130 to 3200

₹3210 to 3300


₹3150 to 3220

₹3230 to 3320

Uttar Pradesh

₹3510 to 3670


₹3281 to 3291

₹3341 to 3351

Tamil Nadu

₹3300 to 3500

₹3450 to 3500

Madhya Pradesh

₹3340 to 3350

₹3400 to 3410


₹3540 to 3641

(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 $525.30/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBH22)

Is trading at 18.95 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 75.239, whereas USD was trading with BRL at 5.0517, Crude futures traded at Rs.8410, Crude WTI traded at $114.41 barrel. Sensex closed 768.87 points lower at 54,333.81 whereas Nifty ended 252.70 points lower at 16,245.35


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