ChiniMandi, Mumbai: Friday 10th September 2021
Markets remained closed on occasion of Ganesh Chaturthi. Any small trades that took place were based on yesterday’s rates as below :
◾ Maharashtra: S/30 Sugar rates from millers are ₹3350 to ₹3450/Qntl. whereas M/30 is at ₹3520 to 3600/Qntl.
◾ Karnataka : S/30 Sugar rates were ₹3420 to 3460/Qntl. whereas M/30 is at ₹3500 to 3570/Qntl.
◾ Uttar Pradesh: The rate for M/30 is ₹3550 to 3600/Qntl.
◾ Gujarat : S/30 Sugar rates were ₹3471 to 3501/Qntl. whereas M/30 is at ₹3581 to 3601/Qntl.
◾ Tamil Nadu: S/30 Sugar rates were at ₹3600 to 3700/Qntl. whereas M/30 rates were at ₹3650 to 3700/Quintal.
(All the above rates are excluding GST.
On Thursday sugar prices closed lower on weakness in crude prices.
At the time of writing this update London White Sugar front month contract is trading at $467.50/tn whereas the New York Sugar is trading at 19.00/lb.
Currency, Commodity & Indian Indices: The market remained closed on occasion of Ganesh Chaturthi.