Morning Market Update – 06/12/2024

Yesterday’s closing dated – 05/12/2024

◾London White Sugar #5 (SWH25) – 550.20s (-0.20)

◾NYBOT Raw Sugar #11 (SBH25) – 21.20s (-0.06)

◾USD/BRL- 6.0113 (-0.0005)

◾USD/INR – ₹ 84.680 (-0.028)

◾Corn (ZCZ24) – c/lb 426-0 -0-4

◾Ethanol Chicago $/gal – 1.60000s (+0.01000)

◾Brent Crude – $72.09/bbl (-0.22)

◾BSE Sensex – 81765.86 (+809.53)

◾NIFTY50 – 24708.40 (+240.95)

March NY world sugar #11 (SBH25) Thursday closed down -0.06 (-0.28%), and March London ICE white sugar #5 (SWH25) closed down -0.20 (-0.07%).

Sugar prices posted modest losses on Thursday and remained under pressure due to improved global sugar supplies.

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