5th October, 2018

LOCAL AND INTERNATIONAL: WEEKLY RAW AND WHITE SUGAR PRICE AS AT 5TH  OCTOBER, 2018
STATE/CITY           SOURCE  SUGAR WHOLESALE WHOLESALE RETAIL RETAIL  INTERNATIONAL  INTERNATIONAL
        (MARKET) (BRAND) N/50KG N/MT N/50KG N/MT     RAW SUGAR WHITE SUGAR
  AVERAGE PRICE AVERAGE PRICE
$/MT N/MT $/MT N/MT
ABUJA  GARKI WHITE
WUSE DANGOTE/ 14,833 296,660 15,000 300,000
GOLDEN/
BUA
KANO  SINGA WHITE
KASUWAR RIMI DANGOTE/ 14,550 291,000 14,750 295,000
SABON-GARI GOLDEN/
BUA
LAGOS MILE 12 WHITE
DANGOTE/ 14,200 284,000 14,400 288,000
GOLDEN/
BUA
ADAMAWA JIMETA MAIN MARKET WHITE
BURNT MARKET DANGOTE/ 14,600 292,000 14,700 294,000
GOLDEN/
BUA
KWARA OJA TUNTUN MKT WHITE
OJA IPATA DANGOTE/ 14,267 285,340 14,867 297,340
YORUBA ROAD MKT GOLDEN/
BUA
AVERAGE 14,490 289,800 14,743 294,868 280.78 86,030.99 347.65 106,519.96
* NOTE: MT =METRIC TONS (50KGX 20), KG = KILOGRAM, N =NIGERIAN CURRENCY NAIRA,
 $= USD, CURRENCY CONVERSION US$1 = N306.4(NIGERIA CENTRAL BANK RATE)
WEIGHT CONVERSION: 1000KG = 1 METRIC TONNE, $/ TON = C/Ib 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.