Daily Sugar Market Update By Vizzie – 07/03/2022

ChiniMandi, Mumbai: 7th March 2022
Domestic Market Update

According to marketmen the demand has been picking. Traders witnessed a good demand today.

State wise prices today:

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3130 to 3200

₹3210 to 3300

Karnataka

₹3150 to 3220

₹3230 to 3320

Uttar Pradesh

₹3470 to 3600

Gujarat

₹3291 to 3301

₹3341 to 3371

Tamil Nadu

₹3300 to 3500

₹3450 to 3500

Madhya Pradesh

₹3350 to 3380

₹3410 to 3450

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 front month contract is trading at $535.10/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBH22) is trading at 19.39 c/lb

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