3RD AUGUST, 2018

LOCAL AND INTERNATIONAL: WEEKLY RAW AND WHITESUGAR PRICE AS AT 3RD AUGUST, 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/ 15,000 300,000 15,100 302,000
GOLDEN/
BUA
KANO SINGA WHITE
KASUWAR RIMI DANGOTE/ 14,825 296,500 15,000 300,000
SABON-GARI GOLDEN/
BUA
LAGOS MILE 12 WHITE
DANGOTE/ 14,700 294,000 14,850 297,000
GOLDEN/
BUA
ADAMAWA JIMETA MAIN MARKET WHITE
BURNT MARKET DANGOTE/ 14,400 288,000 14,500 290,000
GOLDEN/
BUA
KWARA OJA TUNTUN MKT WHITE
OJA IPATA DANGOTE/ 14,100 282,000 14,700 294,000
YORUBA ROAD MKT GOLDEN/
BUA
AVERAGE 14,608 292,100 14,830 296,600 252.35 77,208.93 323.85 99,081.90
* NOTE: MT =METRIC TONS (50KGX 20), KG = KILOGRAM, N =NIGERIAN CURRENCY NAIRA,
$= USD, CURRENCY CONVERSION US$1 = N305.95(NIGERIA CENTRAL BANK RATE)
WEIGHT CONVERSION: 1000KG = 1 METRIC TONNE, $/ TON = C/IBX 22.04
COUNTRY AND STATE ARE NOT APPLICABLE TO INTERNATIONAL RAW AND WHITE SUGAR PRICE.
SOURCE: INTERNATIONAL SUGAR ORGANIZATION MARKET REPORT & LOCAL MARKET SURVEY.