LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 3RD 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 |
18,500 |
370,000 |
19,000 |
380,000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
18,200 |
364,000 |
18,500 |
370,000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
19,300 |
386,000 |
19,500 |
390,000 |
||||
| Kwara | Oja
Tuntun Market |
Refined
Dangote/Bua/ Golden |
19,000 |
380,000 |
19,400 |
388,000 |
||||
| Average
|
18,870 |
377,400 |
19,180 |
383,600 |
429.34 |
131,056 |
539.4 |
164,651 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N305.25 (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
