ChiniMandi, Mumbai: 12th October 2021
Domestic Market:
Market Scenario:
The market witnessed scanty demand.
State wise prices today
โพ Maharashtra:S/30 Sugar rates from millers are โน3330 to โน3390/Qntl. whereas M/30 โน3425 to 3550/Qntl.
โพ Karnataka : S/30 Sugar rates were โน3375 to 3440/Qntl. whereas M/30 โน3500 to 3575/Qntl.
โพ Uttar Pradesh: The rates for M/30 were at โน3720 to 3750/Qntl.
โพ Gujarat: S/30 Sugar rates are โน3391 to 3501/Qntl. whereas M/30 rates are at โน3491 to 3591
โพ Tamil Nadu: S/30 Sugar rates are โน3620 to 3675/Qntl. whereas M/30 rates are at โน3700 to 3725/Qntl.
(All the above rates are excluding GST)
International Market:
Yesterdayโs Closing:
On Friday sugar sugar prices closed higher on strength in crude prices. London White Sugar closed at $521.90/ton whereas New York Sugar closed down at 20.33 cents per pound.
Market Today:
The London White Sugar front month contract is trading at $521.90/ton whereas the New York Sugar front month contract is trading at 20.27/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 75.505 whereas USD was trading with BRL at 5.5367 Crude futures traded at Rs.6114 Crude WTI traded at $80.94 a barrel. Sensex closed 148.53 points higher at 60,284.31 whereas Nifty ended 46 points higher at 17991.95.
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