ChiniMandi, Mumbai: 24th 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 |
тВ╣3230 to 3260 |
тВ╣3310 to 3340 |
|
Karnataka |
тВ╣3250 to 3290 |
тВ╣3315 to 3350 |
|
Uttar Pradesh |
|
тВ╣3460 to 3550 |
|
Gujarat |
тВ╣3310 to 3361 |
тВ╣3371 to 3411 |
|
Tamil Nadu |
тВ╣3500 to 3625 |
тВ╣3550 to 3675 |
|
Madhya Pradesh |
тВ╣3365 to 3390 |
тВ╣3425 to 3450 |
|
Punjab |
|
тВ╣3555 to 3611 |
|
(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 $559.70/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22) is trading at 19.98 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 77.576 whereas USD was trading with BRL at 4.8190, Crude futures traded at тВ╣8594, Crude WTI traded at $110.64/barrel. Sensex closed 236 points lower at 54,052.61 whereas Nifty ended 89.55 points lower at 16,125.15.
