Yesterday’s closing dated –14/02/2024
◾London White Sugar – 658.70s (+0.50)
◾NYBOT Raw Sugar #11 – 23.37s (+0.07)
◾USD/BRL- 4.9740 (+0.0050)
◾USD/INR – 83.039 (-0.061)
◾Brent Crude – 81.60 (-1.17)
◾BSE Sensex – 71822.83 (+267.64)
◾NIFTY50 – 21840.05 (+96.80)
March NY world sugar #11 (SBH24) on Wednesday closed up +0.07 (+0.30%), and March London ICE white sugar #5 (SWH24) closed up +0.50 (+0.08%).
Sugar prices on Wednesday shook off early losses and closed slightly higher, with NY sugar recovering from a 3-1/2 week low. A weaker dollar on Wednesday prompted short covering in sugar futures.