ChiniMandi, Mumbai: Friday 30th October 2020
Domestic Market: The market witnessed moderate demand nationwide.
In Maharashtra: S/30 Sugar rates from millers are ₹3125 to ₹3150/Qntl whereas M/30 ₹3240 to 3270
South Karnataka: S/30 Sugar rates are ₹3250 whereas, M/30 rates are ₹3300.
Uttar Pradesh: The rates for M/30 are ₹3250 to 3285/Qntl.
Gujarat: The rates for M/30 are at ₹3171 to 3211/Qntl.
Tamil Nadu: S/30 Sugar rates are ₹3300 to 3375 whereas, M/30 rates are 3350 to 3425.
(All the above rates are excluding GST)
International Market: According to reports on Thursday New York sugar & London sugar ended at lows owing to a plunge in crude oil prices and weakness in Brazilian real against the US Dollar.
London White Sugar front month contract is trading at $379.10/tn, whereas New York Sugar front month contract is trading at 14.02/lb at the time of writing this update.
Currency, Commodity & Indian Indices:
The rupee traded against the US dollar at 74.555 whereas USD was trading with BRL at 5.7791 Crude futures traded at Rs.2708 Crude WTI traded at $36.27 a barrel. Indian Indices ended in the red. Sensex closed 135.78 points lower at 39,614.07 whereas Nifty ended 28.40 points lower at 11,642.40.
To Listen to this News click on the play button.