Daily Sugar Market Update By Vizzie – 21/11/2020

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ChiniMandi, Mumbai: Saturday 21st November 2020
Domestic Market:
The market was steady with prices range bound.
In Maharashtra: S/30 Sugar rates from millers are ₹3140 to ₹3150/Qntl whereas M/30 ₹3240 to 3270
South Karnataka: S/30 Sugar rates are ₹3130 to 3210 whereas, M/30 rates are ₹3200 to 3260.
Uttar Pradesh: The rates for M/30 are ₹3250 to 3285/Qntl.
Gujarat: The rates for M/30 are at ₹3171 to 3211/Qntl.
Tamil Nadu: S/30 Sugar rates are ₹3250 to 3350 whereas, M/30 rates are 3300 to 3375.
(All the above rates are excluding GST)
International Market: On Friday, sugar prices slipped after the weakness in the Brazilian real sparked long liquidation pressure in sugar futures.
March New York world sugar #11 (SBH21) closed down -0.07 at 15.21. March London white sugar #5 (SWH21) closed down -1.40 at $413.30

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