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LIFFE Prices(USD/MT) December 21, 2009

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(18/12/2009)
Contract Close Change
Mar ’10 678.3 +15.3
May ’10 662.3 +14.1
Aug ’10 617.8 +8.6
Oct ’10 567.8 +5.1
Dec ’10 547.4 +5.1

LIFFE Prices(USD/MT) December 18, 2009

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(17/12/2009)
Contract Close Change
Mar ’10 663 -3.2
May ’10 648.2 -4.6
Aug ’10 609.2 -3.6
Oct ’10 562.7 -2.7
Dec ’10 542.3 -4.7

LIFFE Prices(USD/MT) December 16, 2009

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(15/12/2009)
Contract Close Change
Mar ’10 656.2 +5.5
May ’10 642 +
Aug ’10 603.4 -3.2
Oct ’10 560.4 -7
Dec ’10 541.2 -7.7

Market Prices(14/12/2009) December 14, 2009

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Market Arrivals       (MTs) Minimum Price(Rs./Qtl) Maximum Price(Rs./Qtl)
Chaibasa 3 3450 3550
Daltenganj NR 3500 3700
Gadhwah NR 3600 3800
Jamtara 6 3300 3500
Ramgarh 32 3000 3200
Ajmer (Grain) 95 3375 3500
Banswara NR NR NR
Dungarpur NR 3400 3450
Jaipur(Grain)(Chandpole) 1145 3350 3550
Kapasan NR 3350 3450
Udaipur 129 3450 3600
Lalitpur 4 NR NR

Muzzafarnagar

14 3420 3500
Orai NR NR NR
Midnapore Sadar 3.2 3450 3600

LIFFE Prices(USD/MT) December 14, 2009

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(11/12/2009)
Contract Close Change
Mar ’10 626.1 +5.1
May ’10 616.1 +5
Aug ’10 589.1 +5.1
Oct ’10 556.7 +2.7
Dec ’10 542.3 +2.7

LIFFE Prices(09/12/2009) December 10, 2009

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Contract Closing Price Change
Mar ’10 599.8 -10.1
May ’10 592.9 -6.8
Aug ’10 565.4 -4.6
Oct ’10 537.5 -4.7
Dec ’10 523.2 -4.6

Market Prices(8/12/2009) December 9, 2009

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Market Center Arrivals Variety Minimum Price (Rs./Qtl) Maximum Price(Rs./Qtl)
Jharkhand
Chaibasa 3 Other 3450 3550
Daltenganj NR Chini 3500 3700
Gadhwah NR Other 3400 3600
Madhupur 80 M-30 3600 3700
Pakur 2 Chini 3450 3550
Karnataka
Bangalore NR Shakkar 3100 3400
Kerala
Kollam 4 Other 3300 3400
Rajasthan
Banswara NR Other NR NR
Dungarpur NR Other 3400 3450
Kapasan NR Other 3400 3500
Uttar Pradesh
Lalitpur 5 Other NR NR
Muzzafarnagar 12 Other 3550 3670
West Bengal
Birbhum 22.5 Chini 3500 3600
Midnapore Sadar 3 Other 3500 3650

LIFFE Prices(USD/MT) December 9, 2009

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(08/12/2009)
Contract Close price Change
Mar ’10 609.9 -7
May ’10 599.7 -6.8
Aug ’10 570 -5.5
Oct ’10 542.2 -3.8
Dec ’10 527.8 -2.7

UP farmers selling sugarcane in U’khand December 9, 2009

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December 8,2009

Under a memorandum of understanding (MoU), scores of villages of Uttar Pradesh in the border areas have been allotted to Uttarakhand where sugarcane is not found in sufficient quantity.

Uttarakhand has announced a state advised price (SAP) of Rs 192-197. The state is also expecting the sugarcane production around 51.1 million quintals this year against last year’s 63 million quintals.

Sugar companies cash in on power tariff bonanza December 9, 2009

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December 09,2009

The Uttar Pradesh-based sugar companies are in a hurry to cash in on revised power tariffs. Most of them are converting bagasse fire boilers to multiple fuel boilers to double the revenues from power generation.

Recently, the state government revised the average tariff for non-conventional power by over 30 per cent to Rs 3.90-4.10 a unit. It also allowed mills a flexibility to shift to coal for power generation from bagasse. Mills have been given access to sell power in the open market as well.