Yesterday’s closing dated – 26/06/2024
◾London White Sugar – 569.20s (+7.50)
◾NYBOT Raw Sugar #11 – 19.24s (+0.14)
◾USD/BRL- 5.5243 (+0.0049)
◾USD/INR – 83.573 (+0.152)
◾Brent Crude – 85.25 (+0.24)
◾BSE Sensex – 78674.25 (+620.73)
◾NIFTY50 – 23868.80 (+147.50)
July NY world sugar #11 (SBN24) on Wednesday closed up +0.14 (+0.73%), and Aug London ICE white sugar #5 (SWQ24) closed up +7.50 (+1.34%).
Sugar prices Wednesday recovered from early losses and settled moderately higher when India’s agricultural agency reported the spread of a fungus crop disease called red rot through India’s Uttar Pradesh state, a key sugar-growing region.