LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 19TH JANUARY, 2018
| STATE/ CITY | SOURCE
(MARKET) |
SUGAR
TYPE |
WHOLESALE
N/50KG |
WHOLESALE
N/MT |
RETAIL
N/50KG |
RETAIL
N/MT |
INTERNATIONAL
RAW SUGAR AVERAGE PRICE
$/MT N/MT |
INTERNATIONAL.
WHITE SUGAR AVERAGE PRICE
$/MT N/MT |
||
| Abuja
|
Garki/ Wuse | Refined
Dangote/ Golden |
16,800 |
336,000 |
17,000 |
340,000 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
15,350 |
307,000 |
15,650 |
313,000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
15,800 |
316,000 |
16,000 |
320,000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
15,400 |
308,000 |
15,500 |
310,000 |
||||
| Kwara | Oja Tuntun market | Refined
Dangote/Bua/ Golden |
15,600 |
312,000 |
16,666 |
333,320 |
||||
| Average
|
15,790 |
315,800 |
16,163.2 |
323,264 |
295.99 |
90,484.14 |
355.25 |
108,599.92 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1=N 305.7 (Nigeria Central Bank Rate) Weight conversion: 1000kg=1 Metric tonne, $/ton= c/lb x 22.04
Country and State are NOT applicable to International raw and white sugar price.
Source: International Sugar Organization Market Report & Local Market Survey
