Daily Sugar Market Update By Vizzie – 13/10/2021

ChiniMandi, Mumbai: 13th October 2021

Domestic Market:
Market Scenario:

The market witnessed scanty demand.

State wise prices today

โ—พ Maharashtra:S/30 Sugar rates from millers are โ‚น3330 to โ‚น3390/Qntl. whereas M/30 โ‚น3425 to 3550/Qntl.
โ—พ Karnataka : S/30 Sugar rates were โ‚น3365 to 3440/Qntl. whereas M/30 โ‚น3500 to 3575/Qntl.
โ—พ Uttar Pradesh: The rates for M/30 were at โ‚น3720 to 3750/Qntl.
โ—พ Gujarat: S/30 Sugar rates are โ‚น3391 to 3501/Qntl. whereas M/30 rates are at โ‚น3491 to 3591
โ—พ Tamil Nadu: S/30 Sugar rates are โ‚น3620 to 3675/Qntl. whereas M/30 rates are at โ‚น3700 to 3725/Qntl.

(All the above rates are excluding GST

International Market:
Market Today:

The London White Sugar front month contract is trading at $518.60/ton whereas the New York Sugar front month contract is trading at 19.99/lb.

Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 75.339 whereas USD was trading with BRL at 5.5423 Crude futures traded at Rs.6027 Crude WTI traded at $79.97 a barrel. Sensex closed 452.74 points higher at 60,737.05 whereas Nifty ended 169.80 points higher at 18,161.75.

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