LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 15TH 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 |
17,550 |
351,000 |
17,750 |
355,000 |
||||
Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
17,000 |
340,000 |
17,500 |
350,000 |
||||
Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
17,300 |
346,000 |
17,500 |
350,000 |
||||
Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
17,800 |
356,000 |
18,000 |
360,000 |
||||
Kwara | OjaTuntun Market | Refined
Dangote/Bua/ Golden |
17,400 |
348,000 |
18,000 |
360,000 |
||||
Average
|
17,440 |
348,800 |
17,810 |
356,200 |
330.15 |
101,009.4 |
376.40 |
115,159.6 |
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N305.95 (Nigeria Central Bank Rate)
Weight conversion: 1000kg=1 Metric tonne,$/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