LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 26TH MAY, 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 |
17,900 |
358,000 |
18,200 |
364,000 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
17,500 |
350,000 |
17,700 |
354,000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
17,200 |
344,000 |
17,500 |
350,000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
17,800 |
356,000 |
18,000 |
360,000 |
||||
| Kwara | Oja Tuntun Market | Refined
Dangote/Bua/ Golden |
17,500 |
350,000 |
17,900 |
358,000 |
||||
|
Average
|
17,580 |
351,600 |
17,860 |
357,200 |
357.70 |
109,223.7 |
451.4 |
137,835 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N305.35 (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