ChiniMandi, Mumbai: 4th May 2022
Domestic Trade Market
The market witnessed moderate demand nationwide.
Ex-mill sugar prices as on May, 04 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3260 to 3320 |
₹3340 to 3420 |
|
Karnataka |
₹3300 to 3325 |
₹3400 to 3420 |
|
Uttar Pradesh |
|
₹3550 to 3650 |
|
Gujarat |
₹3391 to 3431 |
₹3451 to 3481 |
|
Tamil Nadu |
₹3500 to 3600 |
₹3550 to 3650 |
|
Madhya Pradesh |
₹3450 to 3480 |
₹3510 to 3520 |
|
Punjab |
|
₹3540 to 3671 |
|
(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 trading at $521.80/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 18.89 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 76.370 whereas USD was trading with BRL at 4.9598, Crude futures traded at ₹8170, Crude WTI traded at $106.81/barrel. Sensex closed 1306.96 points lower at 55.669.03 whereas Nifty ended 391.50 points lower at 16,667.60.
