SUMMARY OF AVERAGE LOCAL & INTERNATIONAL RAW AND REFINED SUGAR PRICE: APRIL, 2017
| WEEK | SOURCE
(STATE) |
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 |
||
| WEEK 1
07/04/17 |
Lagos,
Kano, Abuja, Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
18,470 |
369,400 |
18,800 |
376,000 |
361.01 |
110,523.21 |
464.2 |
142,114.83 |
| WEEK 2
14/04/17 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
18,670 |
373,400 |
18,980 |
379,600 |
370.27 |
113,321.13 |
479.7 |
146,812.18 |
| WEEK 3
21/04/17 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
17,683.2 |
353,664 |
18,056.7 |
360,733.6 |
370.93 |
113,504.6 |
469.3 |
143,605.8 |
| WEEK 4
28/04/17 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
17,823.2 |
356,464 |
18,196.7 |
363,533.6 |
359.47 |
109,943.90 |
453.3 |
138,641.80 |
| AVERAGE MONTH
TOTAL |
18,161.6 |
363,232 |
18,508.35 |
369,966.8 |
365.42 |
111,823.21 |
466.62 |
142,793.65 |
||
*NOTE: MT=Metric Tons (50kgx20), kg=kilogram, N=Nigerian currency naira, $=USD,
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