Daily Sugar Market Update By Vizzie – 24/03/2022

ChiniMandi, Mumbai: 24th March 2022

Domestic Trade Market

Traders witnessed moderate demand.

State wise prices today:

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3130 to 3200

₹3220 to 3280

Karnataka

₹3160 to 3230

₹3240 to 3300

Uttar Pradesh

₹3400 to 3525

Gujarat

₹3281 to 3291

₹3321 to 3341

Tamil Nadu

₹3320 to 3400

₹3430 to 3490

Madhya Pradesh

₹3280 to 3340

₹3360 to 3430

Punjab

₹3460 to 3575

(All the above rates are excluding GST)

International Trade Market

At the time of writing this update, the London White Sugar front month contract is trading at $554.90/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) Is trading at 19.48 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 76.388, whereas USD was trading with BRL at 4.8131, Crude futures traded at Rs.8771, Crude WTI traded at $114.58/barrel. Sensex closed 89.14 points lower at 57,595.68 whereas Nifty ended 22.90 points lower at 17,222.75

LEAVE A REPLY

Please enter your comment!
Please enter your name here