Morning Market Update – 30/08/2024

Yesterday’s closing dated – 29/08/2024

◾London White Sugar (SWV24) – 557.20s (+12.50)

◾NYBOT Raw Sugar #11 (SBV24) – 19.89s (+0.35)

◾USD/BRL- 5.6266 (0.0000)

◾USD/INR – 83.901 (-0.057)

◾Brent Crude – 79.94 (+1.29)

◾BSE Sensex – 82134.61 (+349.05)

◾NIFTY50 – 25052.35 (+34.60)

October NY world sugar #11 (SBV24) Thursday closed up +0.35 (+1.79%). Oct London ICE white sugar #5 (SWV24) closed up +12.50 (+2.29%).

Sugar prices Thursday extended their sharp week-long rally to 6-week highs.

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