Daily Sugar Market Update By Vizzie -29/07/2022

ChiniMandi, Mumbai: 29th July 2022

Domestic Trade Market

The market witnessed good demand.

Ex-mill sugar prices as on July, 29 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

тВ╣3280 to 3295

тВ╣3380 to 3395

Karnataka

тВ╣3330 to 3380

тВ╣3430 to 3590

Uttar Pradesh

тВ╣3520 to 3610

Gujarat

тВ╣3295 to 3335

тВ╣3335 to 3400

Tamil Nadu

тВ╣3440 to 3500

тВ╣3500 to 3550

Madhya Pradesh

тВ╣3425 to 3440

тВ╣3475 to 3490

Punjab

тВ╣3545 to 3591

(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 $527.20/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 17.58 c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 79.415 whereas USD was trading with BRL at 5.1963 Crude futures traded at тВ╣7910, Crude WTI traded at $99.20/barrel. Sensex closed 1041.47 points higher at 56,857.79 whereas Nifty ended 287.80 points higher at 16,929.60.

LEAVE A REPLY

Please enter your comment!
Please enter your name here