ChiniMandi, Mumbai: 6th March 2023
Domestic Market
The market witnessed moderate demand.
Ex-mill Sugar Prices as on March, 06 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3250 to 3350 |
₹3300 to 3400 |
|
Karnataka |
₹3375 to 3400 |
₹3425 to 3450 |
|
Uttar Pradesh |
|
₹3400 to 3500 |
|
Gujarat |
₹3321 to 3351 |
₹3371 to 3401 |
|
Tamil Nadu |
₹3340 to 3425 |
₹3440 to 3475 |
|
Madhya Pradesh |
₹3350 to 3390 |
₹3420 to 3460 |
|
Punjab |
₹3450 to 3521 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on March, 06 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3600 |
|
Kanpur |
M/30 |
₹3700 |
|
Kolhapur |
M/30 |
₹3490 |
|
Kolkata |
M/30 |
₹3810 |
|
Muzaffarnagar |
M/30 |
₹3600 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $579.20/ton, whereas the New York Sugar #11 front month contract is trading at 20.72 c/lb.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 81.912, whereas USD was trading with BRL at 5.1997, Crude futures traded at ₹6441, Crude WTI traded at $78.50/barrel. Sensex closed 415.49 points higher at 60,224.46 whereas Nifty ended 117.10 points higher at 17,711.45.
News Round-Up
Confident India’s exports will touch USD 750 billion in 2022-23: Piyush Goyal
Chinese products lose market share as Atmanirbharta take center stage
