ChiniMandi, Mumbai: 17th January 2023
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on January, 17 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3200 to 3310 |
₹3300 to 3410 |
|
Karnataka |
₹3200 to 3300 |
₹3300 to 3400 |
|
Uttar Pradesh |
|
₹3450 to 3520 |
|
Gujarat |
₹3281 to 3311 |
₹3311 to 3351 |
|
Tamil Nadu |
₹3400 to 3450 |
₹3475 to 3500 |
|
Madhya Pradesh |
₹3370 to 3400 |
₹3420 to 3450 |
|
Punjab |
|
₹3490 to 3510 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update London White Sugar #5 front month contract is trading at $552.10/ton, whereas the New York Sugar #11 front month contract is trading at 19.89 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 81.689, whereas USD was trading with BRL at 5.1395, Crude futures traded at ₹6568, Crude WTI traded at $80.68/barrel. Sensex closed 562.75 points higher at 60,655.72 whereas Nifty ended 158.45 points higher at 18,053.30.
