SUMMARY OF AVERAGE LOCAL & INTERNATIONAL RAW AND REFINED SUGAR PRICE: JANUARY, 2018
| WEEK | SOURCE
(STATE) |
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 |
||
| WEEK 1
05/01/18 |
Lagos,
Kano, Abuja, Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,787 |
315,732 |
16,207 |
324,132 |
335.00 |
102,493.25 |
397.70 |
121,676.31 |
| WEEK 2
12/01/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,860 |
317,200 |
16,240 |
324,800 |
315.61 |
96,513.53 |
376.65 |
115,179.6 |
| WEEK 3
19/01/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,790 |
315,800 |
16,163.2 |
323,264 |
295.99 |
90,484.14 |
355.25 |
108,599.92 |
| WEEK 4
26/01/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,240 |
304,800 |
15,580 |
311,600 |
298.86 |
91,346.55 |
357.00 |
109,117.05 |
| AVERAGE MONTH
TOTAL |
15,669.25 |
313,383 |
16,047.55 |
320,949 |
311.36 |
95,209.36 |
371.65 |
113,643.22 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD,
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
