LOCAL AND INTERNATIONAL: WEEKLY WHITE AND RAW SUGAR PRICE AS AT 10TH FEBRUARY, 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 |
19350
|
387000 |
19500 |
390000 |
||||
| Kano
|
Singa | Refined
Dangote/ Bua/ golden |
19000 |
380000 |
19200 |
384000 |
||||
| Lagos
|
Mile 12 | Refined
Dangote/Bua/ Golden |
18700 |
374000 |
19000 |
380000 |
||||
| Adamawa
|
Jimeta main market | Refined
Dangote/Bua/ Golden |
19500 |
390000 |
19700 |
394000 |
||||
| Kwara | Oja Tuntun Market | Refined
Dangote/Bua/ Golden |
19000 |
380000 |
19500 |
390000 |
||||
| Average
|
19110 |
382200 |
19380 |
387600 |
457.55 |
139323.97 |
544.4 |
165769.8 |
||
*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