Daily Sugar Market Update By Vizzie – 17/09/2021

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ChiniMandi, Mumbai: Friday, 17th September 2021

Domestic Market:
The market witnessed good demand.

State wise Prices as on 17th September 2021 :

◾ Maharashtra: S/30 Sugar rates from millers are ₹338 to ₹3480/Qntl. whereas M/30 is at ₹3530 to 3625/Qntl.
◾ Karnataka : S/30 Sugar rates were ₹3470 to 3525/Qntl. whereas M/30 is at ₹3570 to 3600/Qntl.
◾ Uttar Pradesh: The rate for M/30 is ₹3700 to 3750/Qntl.
◾ Gujarat : S/30 Sugar rates were ₹3420 to 3481/Qntl. whereas M/30 is at ₹3581 to 3601/Qntl.
◾ Tamil Nadu: S/30 Sugar rates were at ₹3625 to 3675/Qntl. whereas M/30 rates were at ₹3700 to 3725/Quintal.

(All the above rates are excluding GST.

International Market:

Market Today :
The London White Sugar front month contract is trading at $505.40/tn whereas the New York Sugar is trading at 19.20/lb.

Currency, Commodity & Indian Indices: The rupee traded against the US dollar at 73.508 whereas USD was trading with BRL at 5.3216 Crude futures traded at Rs.5282, Crude WTI traded at $71.86 a barrel. Sensex closed 125.27 points lower at 59,015.89 whereas Nifty ended 44.35 points down at 17,585.15.

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