LOCAL AND INTERNATIONAL WEEKLY WHITE AND RAW SUGAR PRICE AS AT 20TH OCTOBER, 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 |
16,650 |
333,000 |
16,900 |
338,000 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
16,000 |
320,000 |
16,200 |
324,000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
15,000 |
300,000 |
15,500 |
310,000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
16,450 |
329,000 |
16,500 |
330,000 |
||||
| Kwara | OjaTuntun market | Refined
Dangote/Bua/ Golden |
16,300 |
326,000 |
17,000 |
340,000 |
||||
| Average
|
16,080 |
321,600 |
16,420 |
328,400 |
313.62 |
95,857.95 |
369.65 |
112,983.52 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1=N305.65 (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
