Daily Sugar Market Update By Vizzie – 10/02/2023

ChiniMandi, Mumbai: 10th February 2023

Domestic Trade Market
The market witnessed moderate demand.

Ex-mill sugar prices as on February, 10 2023 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

โ‚น3220 to 3250

โ‚น3320 to 3350

Karnataka

โ‚น3325 to 3350

โ‚น3425 to 3400

Uttar Pradesh

ย  ย  ย  ย  ย โ‚น3400 to 3450

Gujarat

โ‚น3321 to 3351

ย  ย  ย  ย  ย  โ‚น3371 to 3401

Tamil Nadu

โ‚น3360 to 3450

โ‚น3425 to 3475

Madhya Pradesh

โ‚น3350 to 3390

โ‚น3420 to 3460

Punjab

โ‚น3460 to 3571

(All the above rates are excluding GST)

International Trade Market

At the time of writing this update London White Sugar #5 front month contract is trading at $571/ton, whereas the New York Sugar #11 front month contract is trading at 21.40 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 82.549, whereas USD was trading with BRL at 5.2762, Crude futures traded at โ‚น6587, Crude WTI traded at $79.75/barrel. Sensex closed 123.52 points lower at 60,682.70 whereas Nifty ended 36.95 points lower at 17,856.50

LEAVE A REPLY

Please enter your comment!
Please enter your name here