ChiniMandi, Mumbai: Tuesday,15th September 2020
Domestic Market: The market continued to remain stable nationwide.
In Maharashtra: S/30 Sugar rates from millers are ₹3170/Qntl whereas M/30 ₹3240 to 3260
South Karnataka: S/30 Sugar rates are ₹3290 to 3400 whereas, M/30 rates are ₹3450 to 3500.
Uttar Pradesh: The rates for M/30 are ₹3360 to 3400/Qntl.
Gujarat: The rates for New S/30 are ₹3231 to 3235 whereas M/30 are at ₹3251 to 3261/Qntl.
Tamil Nadu: S/30 Sugar rates are ₹3390 to 3450 whereas, M/30 rates are ₹3450 to 3500.
(All the above rates are excluding GST)
International Market: According to reports, on Monday sugar prices dropped owing to the outlook for abundant global sugar production.
London White Sugar front month contract is trading at $350.00/tn, whereas New York Sugar front month contract is trading at 11.88/lb at the time of writing this update.
Currency, Commodity & Indian Indices: The rupee traded against the US dollar at 73.608 whereas USD was trading with BRL at 5.2290, Crude futures traded at Rs.2777, Crude WTI traded at $37.70 a barrel. Indian Indices ended in the green. Sensex closed 278.72 points higher at 39,044.35 whereas Nifty ended 81.75 points higher at 11,521.80.
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