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 |
₹3360 to 3410 |
₹3460 to 3500 |
|
Karnataka |
₹3440 to 3460 |
₹3530 to 3660 |
|
Uttar Pradesh |
|
₹3550 to 3620 |
|
Gujarat |
₹3371 to 3441 |
₹3421 to 3491 |
|
Tamil Nadu |
₹3575 to 3625 |
₹3625 to 3675 |
|
Madhya Pradesh |
₹3525 to 3535 |
₹3585 to 3600 |
|
Punjab |
|
₹3600 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 ₹7595, 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.
