18TH MAY, 2018

LOCAL AND INTERNATIONAL:  WEEKLY WHITE AND RAW SUGAR PRICE AS AT 18TH MAY, 2018

 

 

STATE/ CITY SOURCE

(MARKET)

SUGAR

TYPE

WHOLESALE

N/50KG

WHOLESALE

N/MT

RETAIL

N/50KG

RETAIL

N/MT

INTERNATI`NAL

RAW SUGAR

AVERAGE PRICE

 

 

$/MT             N/MT

INTERNATIONAL.

WHITE SUGAR

AVERAGE PRICE

 

 

$/MT             N/MT

Abuja

 

 

Garki/ Wuse Refined

Dangote/ Golden

/Bua

 

15,100

 

302,000

 

15,200

 

304,000

       
Kano

 

 

Singa Refined

Dangote/ Bua/ Golden

 

15,000

 

300,000

 

15,200

 

304,000

       
Lagos

 

 

Mile 12 Refined

Dangote/Bua/

Golden

 

14,600

 

292,000

 

14,800

 

296,000

       
Adamawa

 

Jimeta main market /Jimeta burnt Refined

Dangote/Bua/

Golden

 

 

14,800

 

 

296,000

 

 

15,000

 

 

300,000

       
Kwara OjaTuntun Market/ Oja Ipata /Yoruba Road Refined

Dangote/Bua/

Golden

 

14,750

 

295,000

 

14,933

 

298,660

       
Average

 

     

14,850

 

297,000

 

15,026.6

 

300.532

 

268

 

81,967.8

 

328

 

100,318.8

 

*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N 305.85 (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.