LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 24TH NOVEMBER, 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/Bua Golden |
16,550 |
331,000 |
16,700 |
334,000 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
15,900 |
318,000 |
16,000 |
320,000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
15,500 |
310,000 |
16,000 |
320,000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
16,400 |
328,000 |
16,500 |
330,000 |
||||
| Kwara | Oja Tuntun Market | Refined
Dangote/Bua/ Golden |
16,000 |
320,000 |
16,600 |
332,000 |
||||
| Average
|
16,070 | 321,400 | 16,360 | 327,200 | 338.75 | 103,606.69 | 398.40 | 121,850.64 | ||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N305.85 (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.
Source: International Sugar Organization Market Report & Local Market Survey