Morning Market Update – 26/10/2024

Yesterday’s closing dated – 25/10/2024

◾London White Sugar #5 (SWZ24) – 566.20s (-3.40)

◾NYBOT Raw Sugar #11 (SBH25) – 22.14s (-0.06)

◾USD/BRL- 5.7073 (+0.0430)

◾USD/INR – 84.095 (+0.026)

◾Brent Crude – 76.05 (+1.67)

◾BSE Sensex – 79,402.29 (-662.87)

◾NIFTY50 – 24,180.80 (-218.60)

March NY world sugar #11 (SBH25) Friday closed down -0.06 (-0.27%), and December London ICE white sugar #5 (SWZ24) closed down -3.40 (-0.60%).

Sugar prices on Friday settled lower due to ramped-up sugar production in Brazil’s Center-South, the country’s largest sugar-producing region.

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