LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 13TH JANUARY, 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 |
19000 |
380000 |
19400 |
388000 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ golden |
18900 |
378000 |
19200 |
384000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
18500 |
370000 |
19000 |
380000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
19700 |
394000 |
19900 |
398000 |
||||
| Kwara | Oja Tuntun Market | Refined
Dangote/Bua/ Golden |
19100 |
382000 |
19600 |
392000 |
||||
| Average
|
19040 |
380800 |
19420 |
388400 |
453.14 |
137981.13 |
539.1 |
164155.95 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD, Currency conversion US$1= N304.5 (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