ChiniMandi, Mumbai: 6th May 2022
Domestic Trade Market
The market witnessed moderate demand nationwide.
Ex-mill sugar prices as on May, 06 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3240 to 3300 |
₹3320 to 3410 |
|
Karnataka |
₹3300 to 3325 |
₹3400 to 3420 |
|
Uttar Pradesh |
|
₹3530 to 3630 |
|
Gujarat |
₹3381 to 3421 |
₹3441 to 3471 |
|
Tamil Nadu |
₹3500 to 3600 |
₹3550 to 3650 |
|
Madhya Pradesh |
₹3430 to 3460 |
₹3490 to 3520 |
|
Punjab |
|
₹3540 to 3661 |
|
(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 $521.90/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 18.74 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 76.941 whereas USD was trading with BRL at 5.0974, Crude futures traded at ₹8454, Crude WTI traded at $109.84/barrel. Sensex closed 866.65 points lower at 54,835.58 whereas Nifty ended 271.40 points higher at 16,6411.25.
