SUMMARY OF AVERAGE LOCAL & INTERNATIONAL RAW AND REFINED SUGAR PRICE: DECEMBER, 2017
| WEEK | SOURCE
(STATE) |
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 |
||
| WEEK 1
01/12/17 |
Lagos,
Kano, Abuja, Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,680 |
313,600 |
15,960 |
319,200 |
329.50 |
101,156.5 |
390.00 |
119,730 |
| WEEK 2
08/12/17 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,600 |
312,000 |
15,880 |
317,600 |
309.00 |
94,678 |
367.80 |
112,693.92 |
| WEEK 3
15/12/17 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,700 |
314,000 |
16,000 |
320,000 |
299.30 |
91,660.62 |
360.55 |
110,418.43 |
| WEEK 4
22/12/17 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,620 |
312,400 |
15,960 |
319,200 |
321.34 |
98,378.24 |
384.40 |
117,684.06 |
| WEEK 5
29/12/17 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,620 |
312,400 |
15,960 |
319,200 |
332.14 |
101,634.84 |
393.95 |
120,549 |
| AVERAGE MONTH
TOTAL |
15,644 |
312,880 |
15,952 |
319,040 |
318.25 |
97,501.64 |
379.34 |
116,215.08 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD,
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
