SUMMARY OF AVERAGE LOCAL & INTERNATIONAL RAW AND REFINED SUGAR PRICE: MARCH, 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
02/03/18 |
Lagos,
Kano, Abuja, Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,005.99 |
300,120.04 |
15,343.33 |
306,866.64 |
301.06 |
92,079.20 |
362.20 |
110,778.9 |
|||
| WEEK 2
09/03/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
14,995.99 |
299,920.04 |
15,353.33 |
307,066.64 |
288.94 |
88,357.85 |
354.90 |
108,528.42 |
|||
| WEEK 3
16/03/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,005.99 |
299,920.04 |
15,366.66 |
307,333.3 |
284.53 |
86,995.04 |
347.20 |
106,156.4 |
|||
| WEEK 4
23/03/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
15,035.1 |
300,520.04 |
15,366.66 |
307,333.3 |
282.55 |
86,375.53 |
352.65 |
107,805.10 |
|||
| WEEK 5
30/03/18 |
Lagos,
Kano, Abuja Adamawa, kwara |
Refined
Dangote/Bua/ Golden |
|||||||||||
| AVERAGE MONTH
TOTAL |
15,010.76 |
300,120.04 |
15,357.49 |
307,149.1 |
289.27 |
88,451.90 |
354.23 |
108,317.20 |
|||||
*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 Mark