Daily Sugar Market Update By Vizzie – 07/11/2020

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ChiniMandi, Mumbai: Saturday 7th November 2020
Domestic Market: Moderate demand was witnessed nationwide.
In Maharashtra: S/30 Sugar rates from millers are ₹3125 to ₹3150/Qntl whereas M/30 ₹3240 to 3270.
South Karnataka: S/30 Sugar rates are ₹3195 to 3260 whereas, M/30 rates are ₹3235 to 3310.
Uttar Pradesh: The rates for M/30 are ₹3250 to 3285/Qntl.
Gujarat: The rates for M/30 are at ₹3171 to 3211/Qntl.
Tamil Nadu: S/30 Sugar rates are ₹3300 to 3375 whereas, M/30 rates are 3425.
(All the above rates are excluding GST)

International Market: According to reports on Friday sugar prices pushed higher strength in the Brazilian real against the dollar. New York sugar closed +0.43 at 14.391/lb whereas London sugar closed +10.40 up at $400.30.

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