Daily Sugar Market Update By Vizzie – 19/11/2021

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ChiniMandi, Mumbai: 19th November 2021

Domestic Market:

Sugar Market Scenario:

The market witnessed scanty demand.

State wise prices today

◾ Maharashtra:S/30 Sugar rates from millers are ₹3180 to ₹3230/Qntl. whereas M/30 ₹3250 to 3280/Qntl.
◾ Karnataka : S/30 Sugar rates were ₹3255 to 3355/Qntl. whereas M/30 ₹3210 to 3260/Qntl.
◾ Uttar Pradesh: The rates for M/30 were at ₹3520 to 3560/Qntl.
◾ Gujarat: S/30 Sugar rates are ₹3261 to 3341/Qntl. whereas M/30 rates are at ₹3361 to 3421/Qntl.
◾ Tamil Nadu: S/30 Sugar rates are ₹3350 to 3450/Qntl. whereas M/30 rates are at ₹3400 to 3500/Qntl.

(All the above rates are excluding GST)

International Market:

Market Today:

The London White Sugar front month contract is trading at $515/ton whereas the New York Sugar front month contract is trading at 19.83/lb.

Currency, Commodity & Indian Indices:

Indian Indices did not trade today on the occasion of Guru Nanak Jayanti.

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