ChiniMandi, Mumbai: 25th August 2022
Domestic Trade Market
The market witnessed moderate demand. Marketmen are expecting to witness better demand in the coming days with the Ganesh Chaturthi and Navratri in the upcoming month.
Ex-mill sugar prices as on August, 25 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
โน3360 to 3410 |
โน3460 to 3500 |
|
Karnataka |
โน3440 to 3460 |
โน3530 to 3660 |
|
Uttar Pradesh |
|
โน3550 to 3620 |
|
Gujarat |
โน3371 to 3441 |
โน3421 to 3491 |
|
Tamil Nadu |
โน3575 to 3625 |
โน3625 to 3675 |
|
Madhya Pradesh |
โน3525 to 3535 |
โน3585 to 3600 |
|
Punjab |
|
โน3600 to 3671 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update, the London White Sugar #5 front month contract (SWV22) is trading at $550.20/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 18.01 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 79.933 whereas USD was trading with BRL at 5.1189 Crude futures traded at โน7595, Crude WTI traded at $94.94/barrel. Sensex closed 310.71 points lower at 58,774.72 whereas Nifty ended 82.50 points lower at 17,522.45.
