SUMMARY OF AVERAGE LOCAL & INTERNATIONAL RAW AND REFINED SUGAR PRICE: APRIL, 2018
| 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
06/04/18 |
Lagos,
Kano, Abuja, Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
14,770 |
295,400 |
15,030 |
300,600 |
274.61 |
83,975.73 |
345.55 |
105,600.1 |
|||
| WEEK 2
13/04/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
14,700 |
294,000 |
14,930 |
298,600 |
269.76 |
82,425.16 |
345.80 |
105,659.2 |
|||
| WEEK 3
20/04/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
14,735 |
294,700 |
14,980 |
299,600 |
261.83 |
80,015.24 |
338.80 |
103,537.3 |
|||
| WEEK 4
27/04/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
14,735 |
294,700 |
14,980 |
299,600 |
261.61 |
79,961.1 |
326.35 |
99,748.87 |
|||
| AVERAGE MONTH
TOTAL |
14,735 |
294,700 |
14,980 |
299,600 |
266.95 |
81,594.30 |
339.12 |
103,636.36 |
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*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