Daily Sugar Market Update By Vizzie – 27/03/2021

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ChiniMandi, Mumbai: Saturday 27th March 2021
Domestic Market:
The market witnessed moderate demand.
In Maharashtra: S/30 Sugar rates from millers are ₹3100 to ₹3130/Qntl. whereas M/30 ₹3215 to 3175. In the resale market S/30 is trading at ₹3000 to ₹3050 whereas M/30 is trading at ₹3050 to ₹3115
South Karnataka: S/30 rates are ₹3130 to 3150 whereas M/30 is ₹3140 to 3200.
Uttar Pradesh: The rates for M/30 are ₹3190 to 3220
Gujarat: The rates for old S/30 and ₹M/30 at 3101 to 3111 whereas new M/30 ₹3121 to 3141.
Tamil Nadu: S/30 Sugar rates are ₹3150 to 3250 whereas M/30 rates are at ₹3225 to 3275
(All the above rates are excluding GST)

International Market:
On Friday sugar prices closed mixed as strength in crude offset weakness in the Brazilian Real.

May New York world sugar #11 (SBK21) closed up +0.10 at 15.99/lb (+0.66%), and May London white sugar #5 (SWK21) closed down -2.10 at $437.10 (-0.48%).

In the Indian market, white sugar of the season 2020/21 icumsa 100 ready delivery for exports is trading at ₹27250 to ₹27350 on ex factory basis. Demand for Raw sugar of the season 2020/21 icumsa between 600- 1200 is at ₹27000 to ₹27100 factory basis

To Listen Daily Sugar Market Update By Vizzie on 26th March 2021 News click on the play button.

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