Yesterday’s closing dated –23/11/2023
◾London White Sugar – 746.10s (+5.20)
◾NYBOT Raw Sugar #11 – 27.22s (-0.53)
◾USD/BRL- 4.9044 (0.0005)
◾USD/INR – 83.34 (+0.0225)
◾Brent Crude – 81.42 (-0.54)
◾BSE Sensex – 66,017.81 (-5.43)
◾NIFTY50 – 19,802.00 (-9.85)
Sugar prices Wednesday retreated as weakness in the Brazilian real (^USDBRL) fueled the selling of sugar futures. The real on Wednesday fell to a 1-week low against the dollar, encouraging export selling by Brazil’s sugar producers.
