Daily Sugar Market Update By Vizzie – 23/06/2020

ChiniMandi, Mumbai: Tuesday 23rd June 2020
Domestic Market: The market was steady.
Maharashtra: S/30 Sugar rates from millers are ₹3150 to ₹3200/Qntl whereas ₹3210 to 3250
South Karnataka: The rates for S/30 are ₹3425/Qntl whereas for M/30 are at ₹3475/Qntl
Uttar Pradesh: The rates for M/30 are ₹3350 to ₹3440/Qntl.
Gujarat: The rates for New S/30 are ₹3281 to 3301 whereas M/30 are at ₹3291 to 3331/Qntl.
Tamil Nadu: S/30 Sugar rates are ₹3390 to Rs.3550 whereas, M/30 rates are ₹3460 to 3525.
(All the above rates are excluding GST)

International Market: According to reports, on Monday sugar prices on traded with moderate losses the entire day and London sugar fell to a 3-week low.
London White Sugar front month contract is trading at $361.50/tn whereas US Sugar front month contract is trading at 11.81lb at the time of writing this update.

Currency, Commodity & Indian Indices:The rupee traded against the US dollar at 75.487 whereas USD traded with BRL at 5.1715, Crude futures traded at Rs.3122, Crude WTI traded at $41.19. Indices ended in the green, sensex closed 519.11 points higher at 35,430.43. Similarly, Nifty ended 159.80 points higher at 10,471.

 To Listen to this News click on the play button.

LEAVE A REPLY

Please enter your comment!
Please enter your name here