Morning Market Update – 21/12/2024

Yesterday’s closing dated – 20/12/2024

◾London White Sugar #5 (SWH25) – 510.40s (+1.20)

◾NYBOT Raw Sugar #11 (SBH25) – 19.51 (+0.11)

◾USD/BRL- 6.0853 (-0.0685)

◾USD/INR – ₹ 84.947 (-0.158)

◾Corn (ZCZ24) – c/lb 446-2s +5-4

◾Ethanol Chicago $/gal – 1.62250s (+0.01000)

◾Brent Crude – $72.94//bbl (+0.06)

◾BSE Sensex –78041.59 (-1176.46)

◾NIFTY50 – 23587.50 (-364.20)

March NY world sugar #11 (SBH25) ended Friday with a modest increase of +0.11 (+0.57%), while March London ICE white sugar #5 (SWH25) gained +1.29 (+0.24%). Sugar prices edged higher on Friday, reflecting some consolidation following sharp declines earlier in the week. On Thursday, NY sugar hit a 3-month low, and London sugar reached a 4-month low.

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