LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 03RD FEBRUARY, 2017
| 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 |
19350 |
387000 |
19500 |
390000 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ golden |
19000 |
380000 |
19200 |
384000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
18700 |
374000 |
19000 |
380000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
19500 |
390000 |
19700 |
394000 |
||||
| Kwara | Oja
Tuntun Market |
Refined
Dangote/Bua/ Golden |
19500 |
390000 |
19900 |
398000 |
||||
| Average
|
19210 |
384200 |
19460 |
389200 |
459.31 |
139970.12 |
546.5 |
166540.41 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N304.74 (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
