LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 6TH 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 |
16,500 |
330,000 |
16,600 |
332,000 |
||||
Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
16,275 |
325,500 |
16,650 |
333,000 |
||||
Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
14,500 |
290,000 |
15,000 |
300,000 |
||||
Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
17,750 |
355,000 |
17,800 |
356,000 |
||||
Kwara | Oja
Tuntun Market |
Refined
Dangote/Bua/ Golden |
16,000 |
320,000 |
16,600 |
332,000 |
||||
Average
|
16,205 |
324,100 |
16,530 |
330,600 |
311.20 |
95,118.3 |
371.85 |
113,655.95 |
*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 22.04
Country and State are NOT applicable to International raw and white sugar price.
Source: International Sugar Organization Market Report & Local Market Survey