Daily Sugar Market Update By Vizzie – 27/09/2021


ChiniMandi, Mumbai: Monday 27th September 2021

Domestic Market:

Market Scenario:
Market witnessed moderate demand.
State wise prices as on September 27th, 2021 :

◾ Maharashtra:S/30 Sugar rates from millers are ₹3330 to ₹3450/Qntl. whereas M/30 ₹3400 to 3500/Qntl.
◾ Karnataka : S/30 Sugar rates were ₹3390 to 3500/Qntl. M/30 is at ₹3450 to 3475/Qntl.
◾ Uttar Pradesh: The rates for M/30 are ₹3700 to 3720/Qntl.
◾ Gujarat: S/30 Sugar rates are ₹3361 to 3441/Qntl. whereas M/30 rates are at ₹3501 to 3531.
◾ Tamil Nadu: S/30 Sugar rates are ₹3525 to 3650/Qntl. whereas M/30 rates are at ₹3585 to 3700/Qntl.

(All the above rates are excluding GST)

International Market:

Friday’s Closing:
On Friday sugar prices closed lower on weakness in the Brazilian real against the US Dollar. London White Sugar closed at $504.30/ton down $9.10 whereas New York Sugar closed down 0.39 points at 19.10 cents per pound.

Market Today :
London White Sugar front month contract is trading at $507.40/tn whereas New York Sugar front month contract is trading at 19.07/lb

Currency, Commodity & Indian Indices: The rupee traded against the US dollar at 75.02 whereas USD was trading with BRL at 5.3384 Crude futures traded at Rs.5545 Crude WTI traded at $75.02 a barrel. Sensex closed 29.41 points higher at 60,077.88 whereas Nifty ended 1.99 points higher at 17,885.10.
To receive ChiniMandi updates on WhatsApp, please click on the link below.
WhatsApp Group Link


Please enter your comment!
Please enter your name here