Daily Sugar Market Update By Vizzie – 24/06/2022

158

ChiniMandi, Mumbai: 24th June 2022

Domestic Trade Market

The market witnessed scanty demand.

Ex-mill sugar prices as on June, 24 2022 :

 

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3220 to 3260

₹3320 to 3360

Karnataka

₹3260 to 3280

₹3370 to 3400

Uttar Pradesh

₹3500 to 3550

Gujarat

₹3275 to 3335

₹3335 to 3371

Tamil Nadu

₹3425 to 3550

₹3490 to 3575

Madhya Pradesh

₹3410 to 3420

₹3470 to 3480

Punjab

₹3580 to 3631

(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 $542.40/ton, whereas the New York Sugar front month contract US sugar #11 (SBK22) is trading at 18.26 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 78.289 whereas USD was trading with BRL at 5.2689, Crude futures traded at ₹8274, Crude WTI traded at $105.50/barrel. Sensex closed 462.26 points higher at 52,727.98 whereas Nifty ended 142.60 points higher at 15,699.25.

LEAVE A REPLY

Please enter your comment!
Please enter your name here