ChiniMandi, Mumbai: 10th June 2022
Domestic Trade Market
The market witnessed moderate demand today.
Ex-mill sugar prices as on June, 10 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3230 to 3280 |
₹3300 to 3375 |
|
Karnataka |
₹3250 to 3310 |
₹3350 to 3400 |
|
Uttar Pradesh |
|
₹3460 to 3560 |
|
Gujarat |
₹3300 to 3361 |
₹3361 to 3411 |
|
Tamil Nadu |
₹3425 to 3550 |
₹3475 to 3600 |
|
Madhya Pradesh |
₹3400 to 3415 |
₹3460 to 3475 |
|
Punjab |
|
₹3560 to 3621 |
|
(All the above rates are excluding GST) |
||
International Trade Market
On Thursday, sugar prices closed moderately higher with a rally in gasoline prices. London sugar prices closed higher $15.20 at $578.70/tonne whereas NY sugar closed 0.31 cents higher at 19.29 c/lb.
At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $573.20/ton, whereas the New York Sugar front month contract US sugar #11 (SBK22) is trading at 19.19 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.843 whereas USD was trading with BRL at 4.9048, Crude futures traded at ₹9511, Crude WTI traded at $122.23/barrel. Sensex closed 1016.84 points lower at 54,303.44 whereas Nifty ended 276.30 points lower at 16,201.80
