LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 28TH APRIL, 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 |
18,616 |
372,320 |
18,783.4 |
373,668 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
17,000 |
340,000 |
17,500 |
350,000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
17,000 |
340,000 |
17,500 |
350,000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
17,500 |
350,000 |
17,700 |
354,000 |
||||
| Kwara | Oja Tuntun Market | Refined
Dangote/Bua/ Golden |
19,000 |
380,000 |
19,500 |
390,000 |
||||
|
Average
|
17,823.2 |
356,464 |
18,196.7 |
363,533.6 |
359.47 |
109,943.90 |
453.3 |
138,641.80 |
||
*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