Morning Market Update – 25/12/2024

Yesterday’s closing dated – 24/12/2024

◾London White Sugar #5 (SWH25) – 518.40s (+6.20)

◾NYBOT Raw Sugar #11 (SBH25) – 19.54s (unch)

◾USD/BRL- 6.2439 (+0.0511)

◾USD/INR – ₹ 85.385 (+0.216)

◾Corn (ZCZ24) – c/lb 430-0s -1-6

◾Ethanol Chicago $/gal – 1.62750s (+0.00250)

◾Brent Crude – $73.58/bbl (+0.95)

◾BSE Sensex – 78472.87 -67.30

◾NIFTY50 – 23727.65 (-25.80)

March NY world sugar #11 (SBH25) on Tuesday closed unchanged, and March London ICE white sugar #5 (SWH25) closed up +6.20 (+1.21%).

Sugar prices on Tuesday consolidated mildly above last Thursday’s lows, when NY sugar posted a 3-month low and London sugar posted a 4-month low.

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