ChiniMandi, Mumbai: 12th October 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on October,12 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3330 to 3350 |
₹3380 to 3450 |
|
Karnataka |
₹3380 to 3400 |
₹3450 to 3500 |
|
Uttar Pradesh |
|
₹3550 to 3620 |
|
Gujarat |
₹3361 to 3411 |
₹3411 to 3461 |
|
Tamil Nadu |
₹3400 to 3450 |
₹3475 to 3550 |
|
Madhya Pradesh |
₹3505 to 3525 |
₹3560 to 3585 |
|
Punjab |
|
₹3610 to 3680 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update London White Sugar #5 front month contract (SWV22) is trading at $559.20/ton, whereas the New York Sugar #11 front month contract (SBH23) is trading at 18.80 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.326 whereas USD was trading with BRL at 5.2934, Crude futures traded at ₹7266, Crude WTI traded at $88.09/barrel. Sensex closed 478.59 points higher at 57,625.91 whereas Nifty ended 140.05 points higher at 17,123.60.
