Daily Sugar Market Update By Vizzie – 16/10/2021

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ChiniMandi, Mumbai: 16th October 2021

Domestic Market:
Market Scenario:

The market witnessed moderate demand.
State wise prices today
◾ Maharashtra:S/30 Sugar rates from millers are ₹3310 to ₹3390/Qntl. whereas M/30 ₹3400 to 3525/Qntl.
◾ Karnataka : S/30 Sugar rates were ₹3400 to 35000/Qntl. whereas M/30 ₹3535 to 3500/Qntl.
◾ Uttar Pradesh: The rates for M/30 were at ₹3720 to 3750/Qntl.
◾ Gujarat: S/30 Sugar rates are ₹3381 to 3491/Qntl. whereas M/30 rates are at ₹3481 to 3581
◾ Tamil Nadu: S/30 Sugar rates are ₹3600 to 3675/Qntl. whereas M/30 rates are at ₹3675 to 3700/Qntl.

(All the above rates are excluding GST)

International Market:
Yesterday’s Closing:
On Tuesday sugar sugar prices closed higher on strength in crude oil. London White Sugar closed at $520/ton up $7.10 whereas New York Sugar closed up 0.21 points at 19.77 cents per pound.

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