Yesterday’s closing dated – 17/01/2025
◾London White Sugar #5 (SWH25) – 478.60s (-6.40)
◾NYBOT Raw Sugar #11 (SBH25) – 18.22s (-0.19)
◾USD/BRL- 6.0704 0.0000
◾USD/INR – ₹ ₹ 86.5805 (-0.0274)
◾Corn (ZCH25) – 484-2s +9-6
◾Ethanol Chicago $/gal – 1.69500s (unch)
◾Brent Crude – $80.79/bbl (-0.50)
◾BSE Sensex – 76619.33 -423.49
◾NIFTY50 – 23203.20 (-108.60)
March NY world sugar #11 (SBH25) Friday closed down -0.19 (-1.03%), and March London ICE white sugar #5 (SWH25) closed down -6.40 (-1.32%).
Sugar prices posted moderate losses on Friday, just above Wednesday’s significant lows. Sugar prices have trended lower over the past three months on an improved sugar supply outlook, and on Wednesday, NY sugar posted a 4-3/4 month nearest-futures low, and London sugar posted a 3-1/3 year low.
