Yesterday’s closing dated – 23/12/2024
◾London White Sugar #5 (SWH25) – 512.20s (+1.80)
◾NYBOT Raw Sugar #11 (SBH25) – 19.54s (+0.03)
◾USD/BRL- 6.1943 (+0.0002)
◾USD/INR – ₹ 85.127 (+0.174)
◾Corn (ZCZ24) – c/lb 447-2 -0-4
◾Ethanol Chicago $/gal – 1.62500s +0.00250
◾Brent Crude – $72.63/bbl (+0.31)
◾BSE Sensex –78540.17 (+498.58)
◾NIFTY50 – 23753.45 (+165.95)
March NY world sugar #11 (SBH25) rose by +0.03, while March London ICE white sugar #5 (SWH25) increased by +1.80.
Sugar prices inched up on Monday, stabilizing just above the lows reached last Thursday, when NY sugar hit a 3-month low and London sugar fell to a 4-month low. Although prices closed higher, the market remains cautious ahead of Unica’s upcoming report on Brazil’s sugar production for the first half of December, expected later this week.
