Daily Sugar Market Update By Vizzie – 05/04/2021

ChiniMandi, Mumbai: Monday, 5th April 2021
Domestic Market:
The market witnessed good demand, prices took an uptrend of ₹20 nationwide.
In Maharashtra: S/30 Sugar rates from millers are ₹3120 to ₹3150/Qntl. whereas M/30 ₹3230 to 3175. In the resale market S/30 is trading at ₹3050 to ₹3090 whereas M/30 is trading at ₹3145 to ₹3170.
South Karnataka: S/30 rates are ₹3200 to 3350 whereas M/30 is ₹3250 to 3400
Uttar Pradesh: The rates for M/30 are ₹3280 to 3320
Gujarat: The rates new S/30 at 3181 to 3200 whereas new M/30 ₹3211 to 3221.
Tamil Nadu: S/30 Sugar rates are ₹3260 to 3350 whereas M/30 rates are at ₹3300
(All the above rates are excluding GST)

International Market:
In the Indian market, white sugar of the season 2020/21 icumsa 100 ready delivery for exports is trading at ₹27250 to ₹27350 on ex factory basis. Demand for Raw sugar of the season 2020/21 icumsa between 600- 1200 is at ₹27000 to ₹27100 factory basis.

Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 73.219 whereas USD was trading with BRL at 5.7080 Crude futures traded at Rs.4387, Crude WTI traded at $59.68 a barrel. Sensex closed 870.51 points lower at 49159.32 whereas Nifty ended 229.55 points lower at 14,637.80.

To Listen Daily Sugar Market Update By Vizzie on 3rd April 2021 News click on the play button.


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