Daily Sugar Market Update By Vizzie – 31/10/2022

ChiniMandi, Mumbai: 31st October 2022

Domestic Trade Market
The market witnessed moderate demand.

Ex-mill sugar prices as on October, 31st 2022 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

тВ╣3300 to 3350

тВ╣3370 to 3420

Karnataka

тВ╣3350 to 3380

тВ╣3380┬а to 3460

Uttar Pradesh

тВ╣3500 to 3650

Gujarat

тВ╣3321 to 3391

тВ╣3371 to 3461

Tamil Nadu

тВ╣3425 to 3500

тВ╣3525 to 3550

Madhya Pradesh

тВ╣3510 to 3530

тВ╣3530 to 3555

Punjab

тВ╣3610 to 3680

(All the above rates are excluding GST)

 

International Trade Market

At the time of writing this update London White Sugar #5 front month contract (SWZ22) is trading at $534.90/ton, whereas the New York Sugar #11 front month contract (SBH23) is trading at 17.91c/lb.

Currency, Commodity & Indian Indices:

The rupee traded against the US dollar at 82.853 whereas USD was trading with BRL at 5.3272, Crude futures traded at тВ╣7195, Crude WTI traded at $86.65/barrel. Sensex closed 786.74 points higher at 60,746.59 whereas Nifty ended 225.40 points higher at 18,012.20.

LEAVE A REPLY

Please enter your comment!
Please enter your name here