Daily Sugar Market Update By Vizzie – 29/04/2022

ChiniMandi, Mumbai: 29th April 2022

Domestic Trade Market

The market witnessed moderate demand nationwide.

Ex-mill sugar prices as on April, 29th 2022 :

Ex-mill sugar prices as on April, 29th 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3200 to 3250

₹3250 to 3350

Karnataka

₹3250 to 3300

₹3335 to 3380

Uttar Pradesh

₹3540 to 3640

Gujarat

₹3331 to 3371

₹3391 to 3430

Tamil Nadu

₹3480 to 3560

₹3540 to 3610

Madhya Pradesh

₹3430 to 3445

₹3480 to 3515

Punjab

₹3625 to 3661

(All the above rates are excluding GST)

International Trade Market

At the time of writing this update, the London White Sugar #5 (SWK22) front month contract is trading at $527.60/ton, whereas the New York Sugar front month contract is whereas US sugar #11 (SBK22)

is trading at 19.37 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 76.674 whereas USD was trading with BRL at 4.8930, Crude futures traded at ₹8146, Crude WTI traded at $106.27/barrel. Sensex closed 460.19 points lower at 57,060.87 whereas Nifty ended 142.50 points lower at 17,102.55.

LEAVE A REPLY

Please enter your comment!
Please enter your name here