Morning Market Update- 24/05/2024

Yesterday’s closing dated – 23/05/2024

◾London White Sugar – 539.70s (-1.80)

◾NYBOT Raw Sugar #11 – 18.26s (+0.03)

◾USD/BRL- 5.1446 (+0.0004)

◾USD/INR – 83.240 (-0.035)

◾Brent Crude – 81.36 (-0. 54)

◾BSE Sensex – 75418.04 (+1196.98)

◾NIFTY50 – 22967.65 (+369.85)

July NY world sugar #11 (SBN24) on Thursday closed up +0.03 (+0.169%) on Tuesday, and Aug London ICE white sugar #5 (SWQ24) closed down -1.80 (-0.33%).

Sugar prices Thursday settled mixed as they consolidated above last week’s significant lows.

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