Yesterday’s closing dated – 27/08/2024
◾London White Sugar (SWV24) – 548.00s (+22.30)
◾NYBOT Raw Sugar #11 (SBV24) – 19.60s (+0.56)
◾USD/BRL- 5.5082 (0.0000)
◾USD/INR – 83.916 (+0.061)
◾Brent Crude – 79.55 (-1.88)
◾BSE Sensex – 81711.76 (+13.65)
◾NIFTY50 – 25017.75 (+7.15)
October NY world sugar #11 (SBV24) Tuesday closed up +0.56 (+2.94%). Oct London ICE white sugar #5 (SWV24) closed up +22.30 (+4.24%).
Sugar prices Tuesday extended Monday’s sharp rally to 1-1/4 month highs. Massive fires in Brazil caused by drought and excessive heat have damaged sugar crops in Brazil’s top sugar-producing state of Sao Paulo.
