Daily Sugar Market Update By Vizzie – 13/07/2022

ChiniMandi, Mumbai: 13th July 2022

Domestic Trade Market

The market witnessed moderate demand.

Ex-mill sugar prices as on July, 13 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

тВ╣3250 to 3280

тВ╣3350 to 3380

Karnataka

тВ╣3250 to 3330

тВ╣3380 to 3490

Uttar Pradesh

тВ╣3450 to 3580

Gujarat

тВ╣3265 to 3311

тВ╣3315 to 3361

Tamil Nadu

тВ╣3380 to 3550

тВ╣3500 to 3550

Madhya Pradesh

тВ╣3370 to 3410

тВ╣3450 to 3460

Punjab

тВ╣3535 to 3591

(All the above rates are excluding GST)

International Trade Market

At the time of writing this update, the London White Sugar #5 front month contract (SWQ22) is trading at $543.80/ton, whereas the New York Sugar #11 front month contract (SBN22) is trading at 18.84 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 79.861 whereas USD was trading with BRL at 5.4582 Crude futures traded at тВ╣7573, Crude WTI traded at $94.72/barrel. Sensex closed 372.46 points lower at 53,514.15 whereas Nifty ended 91.75 points lower at 15,966.

LEAVE A REPLY

Please enter your comment!
Please enter your name here