Yesterday’s closing dated – 30/08/2024
◾London White Sugar (SWV24) – 546.80s (-10.40)
◾NYBOT Raw Sugar #11 (SBV24) – 19.38s (-0.51)
◾USD/BRL- 5.6103 (-0.0163)
◾USD/INR – 83.846 (-0.041)
◾Brent Crude – 78.80 (-1.14)
◾BSE Sensex – 82365.77 (+231.16)
◾NIFTY50 – 25235.90 (+83.95)
October NY world sugar #11 (SBV24) Friday closed down -0.51 (-2.56%), and Oct London ICE white sugar #5 (SWV24) closed down -10.40 (-1.87%).
Sugar prices Friday settled moderately lower after the Brazilian real (^USDBRL) fell to a 3-week low against the dollar, which sparked long liquidation pressure in sugar futures after this week’s sharp rally.
