Daily Sugar Market Update By Vizzie – 04/07/2020

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ChiniMandi, Mumbai: Saturday 4th July 2020
Domestic Market: The market witnessed moderate demand nationwide.
Maharashtra: S/30 Sugar rates from millers are ₹3170 to ₹3200/Qntl whereas M/30 ₹3270 to 3300
South Karnataka: The rates for S/30 are ₹3370 to 3400/Qntl whereas for M/30 are at ₹3450/Qntl.
Uttar Pradesh: The rates for M/30 are ₹3380/Qntl.
Gujarat: The rates for New S/30 are ₹3221 to 3251 whereas M/30 are at ₹3231 to 3271/Qntl.
Tamil Nadu: S/30 Sugar rates are ₹3400 to Rs.3430 whereas, M/30 rates are ₹3450 to 3475.
(All the above rates are excluding GST)

International Market:
According to reports, on Thursday, sugar prices settled mixed with NY sugar at a 1-1/2 week high , London sugar closed lower, as the outlook for adequate supplies weighed on prices.

Currency, Commodity & Indian Indices: According to reports, the market ended with strong gains and marketmen are optimistic about the market momentum to continue positively

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