Yesterday’s closing dated – 21/10/2024
◾London White Sugar (SWZ24) – 563.10s (-3.50)
◾NYBOT Raw Sugar #11 (SBH25) – 21.83s (-0.35)
◾USD/BRL- 5.6939 (0.0000)
◾USD/INR – 84.070 (+0.001)
◾Brent Crude – 74.29 (+1.23)
◾BSE Sensex – 81151.27 (-73.48)
◾NIFTY50 – 24741.55 (-112.50)
March NY world sugar #11 (SBH25) Monday closed down -0.35 (-1.58%), and December London ICE white sugar #5 (SWZ24) closed down -3.50 (-0.62%).
Sugar prices Monday settled moderately lower, with NY sugar falling to a 1-month low and London sugar dropping to a 1-1/2 week low. Forecasts for abundant rains in Brazil’s Center-South are undercutting sugar prices.