ChiniMandi, Mumbai: 24th February 2023
Domestic Market
The market has been stable, no major movement was witnessed.
Ex-mill sugar prices as on February, 24 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3200 to 3230 |
₹3300 to 3340 |
|
Karnataka |
₹3280 to 3325 |
₹3375 to 3400 |
|
Uttar Pradesh |
|
₹3400 to 3450 |
|
Gujarat |
₹3301 to 3321 |
₹3361 to 3401 |
|
Tamil Nadu |
₹3310 to 3450 |
₹3400 to 3475 |
|
Madhya Pradesh |
₹3355 to 3395 |
₹3425 to 3465 |
|
Punjab |
₹3460 to 3551 |
|
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update London White Sugar #5 front month contract is trading at $569.80/ton, whereas the New York Sugar #11 front month contract is trading at 21.49 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 82.760, whereas USD was trading with BRL at 5.1620, Crude futures traded at ₹6305, Crude WTI traded at $75.92/barrel. Sensex closed 141.87 points lower at 59,463.93 whereas Nifty ended 45.45 points lower at 17,465.80.
