Daily Sugar Market Update By Vizzie – 20/06/2022

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ChiniMandi, Mumbai: 20th June 2022

Domestic Trade Market

The market witnessed good demand today.

Ex-mill sugar prices as on June, 20 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3230 to 3260

₹3340 to 3370

Karnataka

₹3250 to 3280

₹3390 to 3420

Uttar Pradesh

₹3500 to 3550

Gujarat

₹3275 to 3355

₹3345 to 3991

Tamil Nadu

₹3460 to 3550

₹3510 to 3600

Madhya Pradesh

₹3425 to 3440

₹3480 to 3490

Punjab

₹3601 to 3631

(All the above rates are excluding GST)

International Trade Market

At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $564.30/ton, whereas the New York Sugar is not trading due to a Holiday.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 77.961 whereas USD was trading with BRL at 5.1534, Crude futures traded at ₹8407, Crude WTI traded at $107.52/barrel. Sensex closed 237.42 points higher at 51,597.84 whereas Nifty ended 56.65 points higher at 15,350.15.

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