SUMMARY OF AVERAGE LOCAL & INTERNATIONAL RAW AND WHITE SUGAR PRICE: DECEMBER, 2018
| WEEK | SOURCE
(STATE) |
SUGAR
(BRAND) REFINED |
WHOLESALE
N/50KG |
WHOLESALE
N/MT |
RETAIL
N/50KG |
RETAIL
N/MT |
INTERNATIONAL
RAW SUGAR AVERAGE PRICE |
INTERNATIONAL
WHITE SUGAR AVERAGE PRICE |
||
| $/MT | N/MT | $/MT | N/MT | |||||||
| WEEK 1
07/12/18 |
ABUJA
KANO LAGOS ADAMAWA KWARA |
DANGOTE
GOLDEN BUA |
14,477 | 289,532 | 14,710 | 294,200 | 285.85 | 87,713.07 | 348.90 | 107,059.96 |
| WEEK 2
14/12/18 |
ABUJA
KANO LAGOS ADAMAWA KWARA |
DANGOTE
GOLDEN BUA |
14,477 | 289,532 | 14,710 | 294,200 | 281.01 | 86,241.96 | 345.40 | 105,695.85 |
| WEEK 3
21/12/18 |
ABUJA
KANO LAGOS ADAMAWA KWARA |
DANGOTE
GOLDEN BUA |
14,477 | 289,532 | 14,710 | 294,200 | 273.95 | 84,088.95 | 340.00 | 104,363 |
| WEEK 4
28/12/18
|
ABUJA
KANO LAGOS ADAMAWA KWARA |
DANGOTE
GOLDEN BUA |
14,477 | 289,532 | 14,710 | 294,200 | 274.61 | 84,305.27 | 340.90 | 104,656.3 |
| AVERAGE
MONTH TOTAL |
14,477 |
289,532 |
14,710 |
294,200 |
278.855 |
85,587.31 |
343.8 |
105,443.78 |
||
*NOTE: MT=METRIC TONS (50KGX20), KG= KILOGRAM, N = NIGERIAN CURRENCY NAIRA, $= USD
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 ORGANISATION MARKET REPORT & LOCAL MARKET SURVEY.