Daily Sugar Market Update By Vizzie – 25/05/2020

ChiniMandi, Mumbai: Monday 25th May 2020
Domestic Market: With the ongoing lockdown, sugar millers have been striving hard to sell the allocated quota of May 2020, the market has been witnessing scanty demand nationwide. Millers are hopeful that the demand will pick in the coming days.

Maharashtra: S/30 Sugar rates are Rs.3080 to Rs.3125/Qntl.
South Karnataka: S/30 rates are Rs.3220 to Rs.3250 whereas M/30 rates are Rs.3300.
Uttar Pradesh: The rates for M/30 rates are Rs.3130 to Rs.3150/Qntl.
Gujarat: The rates for New S/30 are Rs.3140 to 3150 whereas M/30 are at 3180 to 3190/Qntl.
Tamil Nadu: S/30 Sugar rates are Rs.3270 to Rs.3350 whereas M/30 rates are Rs.3350 to 3375.

International Market: No trades are taking place in the international market as New York Stock Exchange and London Stock Exchange are closed on account of Memorial Day and Late May Bank Holiday respectively.

Currency, Commodity & Indian Indices: No trading activity took place as markets were closed on occasion of Ramzan Id.

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