Daily Sugar Market Update By Vizzie – 11/03/2022

ChiniMandi, Mumbai: 11th March 2022

Domestic Trade Market

Traders witnessed a good demand today.

State wise prices today:

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3130 to 3200

₹3210 to 3300

Karnataka

₹3150 to 3220

₹3230 to 3320

Uttar Pradesh

₹3470 to 3570

Gujarat

₹3281 to 3291

₹3321 to 3351

Tamil Nadu

₹3320 to 3430

₹3430 to 3490

Madhya Pradesh

₹3330 to 3380

₹3410 to 3470

Punjab

₹3530 to 3670

(All the above rates are excluding GST)


International Trade Market

At the time of writing this update, the London White Sugar front month contract is trading at $522.60/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBH22) is trading at 19.03 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 76.327, whereas USD was trading with BRL at 4.9889, Crude futures traded at Rs.8160, Crude WTI traded at $8160 barrel. Sensex closed 85.91 points higher at 55,550.30 whereas Nifty ended 35.55 points higher at 16,630.45

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