LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 29TH SEPTEMBER, 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 /Bua |
17,000 |
340,000 |
17,500 |
350,000 |
||||
Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
16,700 |
334,000 |
17,000 |
340,000 |
||||
Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
16,600 |
332,000 |
17,000 |
340,000 |
||||
Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
17,100 |
342,000 |
17,200 |
344,000 |
||||
Kwara | OjaTuntun Market | Refined
Dangote/Bua/ Golden |
17,400 |
348,000 |
18,000 |
360,000 |
||||
Average
|
16,960 |
339,200 |
17,340 |
346,800 |
307.45 |
94,002.83 |
364.65 |
111,491.73 |
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N305.75 (Nigeria Central Bank Rate)
Weight conversion: 1000kg=1 Metric tonne,$/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