ChiniMandi, Mumbai: 18th January 2023
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on January, 18 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3200 to 3310 |
₹3300 to 3410 |
|
Karnataka |
₹3250 to 3325 |
₹3300 to 3400 |
|
Uttar Pradesh |
|
₹3450 to 3520 |
|
Gujarat |
₹3281 to 3311 |
₹3311 to 3351 |
|
Tamil Nadu |
₹3320 to 3425 |
₹3400 to 3475 |
|
Madhya Pradesh |
₹3340 to 3375 |
₹3410 to 3445 |
|
Punjab |
₹3490 to 3581 |
|
|
(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 $557.70/ton, whereas the New York Sugar #11 front month contract is trading at 20.12 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 81.314, whereas USD was trading with BRL at 5.1007, Crude futures traded at ₹6653, Crude WTI traded at $82.06/barrel. Sensex closed 390.02 points higher at 61,045.74 whereas Nifty ended 112.05 points higher at 18,165.35.
