| LOCAL AND INTERNATIONAL: WEEKLY RAW AND WHITE SUGAR PRICE AS AT 19TH OCTOBER, 2018 | ||||||||||
| STATE/CITY | SOURCE | SUGAR | WHOLESALE | WHOLESALE | RETAIL | RETAIL | INTERNATIONAL | INTERNATIONAL | ||
| (MARKET) | (BRAND) | N/50KG | N/MT | N/50KG | N/MT | RAW SUGAR | WHITE SUGAR | |||
| AVERAGE PRICE | AVERAGE PRICE | |||||||||
| $/MT | N/MT | $/MT | N/MT | |||||||
| ABUJA | GARKI | WHITE | ||||||||
| WUSE | DANGOTE/ | 14,833 | 296,660 | 15,000 | 300,000 | |||||
| GOLDEN/ | ||||||||||
| BUA | ||||||||||
| KANO | SINGA | WHITE | ||||||||
| KASUWAR RIMI | DANGOTE/ | 14,550 | 291,000 | 14,750 | 295,000 | |||||
| SABON-GARI | GOLDEN/ | |||||||||
| BUA | ||||||||||
| LAGOS | MILE 12 | WHITE | ||||||||
| DANGOTE/ | 14,200 | 284,000 | 14,400 | 288,000 | ||||||
| GOLDEN/ | ||||||||||
| BUA | ||||||||||
| ADAMAWA | JIMETA MAIN MARKET | WHITE | ||||||||
| BURNT MARKET | DANGOTE/ | 14,600 | 292,000 | 14,700 | 294,000 | |||||
| GOLDEN/ | ||||||||||
| BUA | ||||||||||
| KWARA | OJA TUNTUN MKT | WHITE | ||||||||
| OJA IPATA | DANGOTE/ | 14,200 | 284,000 | 14,700 | 294,000 | |||||
| YORUBA ROAD MKT | GOLDEN/ | |||||||||
| BUA | ||||||||||
| AVERAGE | 14,477 | 289,532 | 14,710 | 294,200 | 308.33 | 94,503.14 | 379 | 116,163.50 | ||
| * NOTE: MT =METRIC TONS (50KGX 20), KG = KILOGRAM, N =NIGERIAN CURRENCY NAIRA, | ||||||||||
| $= USD, CURRENCY CONVERSION US$1 = N306.5(NIGERIA CENTRAL BANK RATE) | ||||||||||
| WEIGHT CONVERSION: 1000KG = 1 METRIC TONNE, $/ TON = C/Ib 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. | ||||||||||
VIDEO UPDATE
Accelerating the development and growth of the local sugar industry to achieve national self-sufficiency.