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

227

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

₹3250 to 3280

₹3350 to 3390

Karnataka

₹3300 to 3350

₹3450 to 3590

Uttar Pradesh

₹3420 to 3580

Gujarat

₹3285 to 3341

₹3345 to 3401

Tamil Nadu

₹3400 to 3450

₹3450 to 3550

Madhya Pradesh

₹3430 to 3480

₹3470 to 3485

Punjab

₹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 ₹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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here