ChiniMandi, Mumbai: 8th July 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on July, 08 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
тВ╣3250 to 3280 |
тВ╣3350 to 3380 |
|
Karnataka |
тВ╣3290 to 3330 |
тВ╣3380 to 3430 |
|
Uttar Pradesh |
|
тВ╣3450 to 3530 |
|
Gujarat |
тВ╣3275 to 3321 |
тВ╣3335 to 3371 |
|
Tamil Nadu |
тВ╣3400 to 3550 |
тВ╣3525 to 3550 |
|
Madhya Pradesh |
тВ╣3370 to 3410 |
тВ╣3450 to 3460 |
|
Punjab |
|
тВ╣3570 to 3621 |
|
(All the above rates are excluding GST) |
||
┬а
International Trade Market
At the time of writing this update, the London White Sugar #5 front month contract (SWQ22) is trading at $539.50/ton, whereas the New York Sugar #11 front month contract (SBN22) is trading at 18.83 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.334 whereas USD was trading with BRL at 5.3105, Crude futures traded at тВ╣8303, Crude WTI traded at $104.77/barrel. Sensex closed 303.38 points higher at 54,481.84 whereas Nifty ended 87.70 points higher at 16,220.60.
