ChiniMandi, Mumbai: 23rd November 2021
Domestic Market:
Sugar Market Scenario:
The market witnessed moderate demand.
State wise prices today
тЧ╛ Maharashtra:S/30 Sugar rates from millers are тВ╣3180 to тВ╣3230/Qntl. whereas M/30 тВ╣3250 to 3280/Qntl.
тЧ╛ Karnataka : S/30 Sugar rates were тВ╣3250 to 3355/Qntl. whereas M/30 тВ╣3270 to 3335/Qntl.
тЧ╛ Uttar Pradesh: The rates for M/30 were at тВ╣3500 to 3520/Qntl.
тЧ╛ Gujarat: S/30 Sugar rates are тВ╣3241 to 3301/Qntl. whereas M/30 rates are at тВ╣3341 to 3401/Qntl.
тЧ╛ Tamil Nadu: S/30 Sugar rates are тВ╣3400 to 3450/Qntl. whereas M/30 rates are at тВ╣3450 to 3500/Qntl.
(All the above rates are excluding GST)
International Market:
YesterdayтАЩs Closing:
Yesterday sugar prices closed lower on the outlook of Indian sugar exports. London White Sugar closed down $4.60 at $508.00/ton whereas New York Sugar closed at 19.76 cents per pound down 0.23 points.
Market Today:
The London White Sugar front month contract is trading at $506.80/ton whereas the New York Sugar front month contract is trading at 19.70/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar whereas USD was trading with BRL at 5.5870, Crude futures traded at Rs.5671 Crude WTI traded at $74.454 a barrel. Sensex closed 198.44 points higher at 58,664.33 whereas Nifty ended 86.80 points lower at 17,503.35.
