Daily Sugar Market Update By Vizzie – 14/10/2021

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ChiniMandi, Mumbai: 14th October 2021

Domestic Market:
Market Scenario:

The market witnessed scanty demand. Markets in Karnataka & Tamil Nadu were closed on occasion of Ayudha Pooja

State wise prices today

◾ Maharashtra:S/30 Sugar rates from millers are ₹3330 to ₹3390/Qntl. whereas M/30 ₹3425 to 3550/Qntl.
◾ Uttar Pradesh: The rates for M/30 were at ₹3720 to 3750/Qntl.
◾ Gujarat: S/30 Sugar rates are ₹3391 to 3501/Qntl. whereas M/30 rates are at ₹3491 to 3591

(All the above rates are excluding GST)

International Market:
Market Today:
The London White Sugar front month contract is trading at $517.01/ton whereas the New York Sugar front month contract is trading at 19.74/lb.

Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 75.273 whereas USD was trading with BRL at 5.4789 Crude futures traded at Rs.6127 Crude WTI traded at $81.39 a barrel. Sensex closed 568.90 points higher at 61,305.95 whereas Nifty ended 176.80 points higher at 18,1338.55

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