Morning Market Update – 12/12/2024

Yesterday’s closing dated – 11/12/2024

◾London White Sugar #5 (SWH25) – 540.80s (+2.10)

◾NYBOT Raw Sugar #11 (SBH25) – 21.28s (+0.24)

◾USD/BRL- 5.9543 (0.0000)

◾USD/INR – ₹ ₹ 84.843 (-0.042)

◾Corn (ZCZ24) – c/lb 436-6 -1-2

◾Ethanol Chicago $/gal – 1.61500s (-0.00750)

◾Brent Crude – $73.52/bbl (+1.33)

◾BSE Sensex – 81526.14 (+16.09)

◾NIFTY50 – 24641.80 (+31.75)

March NY world sugar #11 (SBH25) Wednesday closed up +0.24 (+1.14%), and March London ICE white sugar #5 (SWH25) closed up +2.10 (+0.39%).

Sugar prices Wednesday posted moderate gains, with London sugar recovering from a 1-month low.

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