Yesterday’s closing dated – 30/10/2024
◾London White Sugar #5 (SWZ24) – 569.90s (+5.70)
◾NYBOT Raw Sugar #11 (SBH25) – 22.22s (+0.14)
◾USD/BRL- 5.7630 (0.0000)
◾USD/INR – 84.090 (+0.037)
◾Brent Crude – 72.55 (+1.43)
◾BSE Sensex – 79942.18 -(426.85)
◾NIFTY50 – 24340.85 (-126.00)
March NY world sugar #11 (SBH25) Wednesday closed up +0.14 (+0.63%), and December London ICE white sugar #5 (SWZ24) closed up +5.70 (+1.01%).
Sugar prices Wednesday posted moderate gains due to reduced near-term prospects for rain in Brazil’s Center-South, the country’s main sugar-producing region. Meteorologist Climatempo now forecasts scattered rain for Brazil’s Center-South this week, less than a previous forecast for widespread rain.
For detailed information and further insights, please refer to Chinimandi.com, which provides news about the Sugar and Allied Sectors
