Daily Sugar Market Update By Vizzie – 21/07/2022

ChiniMandi, Mumbai: 21st July 2022

Domestic Trade Market

The market witnessed moderate demand.

Ex-mill sugar prices as on July, 21 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

тВ╣3250 to 3280

тВ╣3350 to 3390

Karnataka

тВ╣3300 to 3350

тВ╣3450 to 3590

Uttar Pradesh

тВ╣3420 to 3580

Gujarat

тВ╣3285 to 3341

тВ╣3345 to 3401

Tamil Nadu

тВ╣3400 to 3450

тВ╣3450 to 3550

Madhya Pradesh

тВ╣3430 to 3480

тВ╣3470 to 3485

Punjab

тВ╣3525 to 3591

(All the above rates are excluding GST)

 

International Trade Market

At the time of writing this update, the London White Sugar #5 front month contract (SWV22) is trading at $534.40/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 18.56 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 79.855 whereas USD was trading with BRL at 5.4755 Crude futures traded at тВ╣7653, Crude WTI traded at $7648/barrel. Sensex closed 284.42 points higher at 55,681.95 whereas Nifty ended 84.40 points higher at 16,605.25.

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