ChiniMandi, Mumbai: 23rd May 2022
Domestic Trade Market
The market witnessed moderate demand.
Ex-mill sugar prices as on May, 20 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3230 to 3260 |
₹3310 to 3340 |
|
Karnataka |
₹3250 to 3290 |
₹3315 to 3350 |
|
Uttar Pradesh |
|
₹3480 to 3570 |
|
Gujarat |
₹3310 to 3361 |
₹3371 to 3411 |
|
Tamil Nadu |
₹3500 to 3625 |
₹3550 to 3675 |
|
Madhya Pradesh |
₹3390 to 3400 |
₹3430 to 3450 |
|
Punjab |
|
₹3555 to 3591 |
|
(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 $559.90/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 20.02 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.580 whereas USD was trading with BRL at 4.8360, Crude futures traded at ₹8649, Crude WTI traded at $111.25/barrel. Sensex closed 37.78 points lower at 54,288.61 whereas Nifty ended 51.45 points higher at 16,214.70.
