LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 17TH MARCH, 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 |
19,350 |
387,000 |
19,500 |
390,000 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ golden |
18,700 |
374,000 |
19,000 |
380,000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
18,300 |
366,000 |
18,500 |
370,000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
18,900 |
378,000 |
19,000 |
380,000 |
||||
| Kwara | Oja Tuntun market | Refined
Dangote/Bua/ Golden |
18,300 |
366,000 |
18,800 |
376,000 |
||||
| Average
|
18,710 |
374,200 |
18,960 |
379,200 |
401.79 |
123,349 |
513.8 |
157,736 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1=N307 (Nigeria Central Bank Rate) Weight conversion: 1000kg=1 Metric tonne, $/ton= c/lb x 22.04Country and State are NOT applicable to International raw and white sugar price.
Source: International Sugar Organization Market Report & Local Market Survey
