LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 16TH JUNE, 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 |
17,900 | 358,000 | 18,300 | 366,000 | ||||
| Kano
|
Singa | Refined
Dangote/ Bua/ Golden |
17,400 | 348,000 | 17,600 | 352,000 | ||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
17,300 | 346,000 | 17,500 | 350,000 | ||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
17,600 | 352,000 | 17,800 | 356,000 | ||||
| Kwara | OjaTuntun Market | Refined
Dangote/Bua/ Golden |
17,500 | 350,000 | 17,900 | 358,000 | ||||
| Average
|
17,540 |
350,800 |
17,820 |
356,000 |
||||||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N305.75 (Nigeria Central Bank Rate)
Weight conversion: 1000kg=1 Metric tonne,$/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