ChiniMandi, Mumbai: 30th September 2022
Domestic Trade Market
The market witnessed poor demand. Marketmen are distressed with no demand despite it being a month of festivity. Millers are also struggling to sell the monthly allocated quota.
Ex-mill sugar prices as on September, 30 2022 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
โน3300 to 3350 |
โน3380 to 3450 |
|
Karnataka |
โน3330 to 3380 |
โน3400ย to 3460 |
|
Uttar Pradesh |
|
โน3510 to 3590 |
|
Gujarat |
โน3391 to 3451 |
โน3441 to 3520 |
|
Tamil Nadu |
โน3430 to 3500 |
โน3475 to 3550 |
|
Madhya Pradesh |
โน3490 to 3500 |
โน3540 to 3550 |
|
Punjab |
|
โน3560 to 3600 |
|
(All the above rates are excluding GST) |
||
International Trade Market
At the time of writing this update London White Sugar #5 front month contract (SWV22) is trading at $529.10/ton, whereas the New York Sugar #11 front month contract (SBV22) is trading at 18.35 c/lb.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 81.368 whereas USD was trading with BRL at 5.4156, Crude futures traded at โน6504, Crude WTI traded at $79.56/barrel. Sensex closed 1016.96 points higher at 57,426.92 whereas Nifty ended 276.25 points higher at 17,094.35.
