ChiniMandi, Mumbai: 11th May 2022
Domestic Trade Market
The market witnessed scanty demand nationwide. Sugar prices were Rs.20/Quintal down in all the regions.
Ex-mill sugar prices as on May, 11 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3220 to 3280 |
₹3300 to 3340 |
|
Karnataka |
₹3240 to 3290 |
₹3310 to 3360 |
|
Uttar Pradesh |
|
₹3480 to 3580 |
|
Gujarat |
₹3341 to 3381 |
₹3401 to 3451 |
|
Tamil Nadu |
₹3475 to 3575 |
₹3550 to 3625 |
|
Madhya Pradesh |
₹3390 to 3430 |
₹3450 to 3465 |
|
Punjab |
|
₹3550 to 3601 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $518.80/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 18.60 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.435 whereas USD was trading with BRL at 5.1530, Crude futures traded at ₹7927, Crude WTI traded at $102.36/barrel. Sensex closed 276.46 points lower at 54,088.39 whereas Nifty ended 72.95 points lower at 16,167.10
