Yesterday’s closing dated – 11/02/2025
◾London White Sugar #5 (SWH25) – 532.80s (+13.40)
◾NYBOT Raw Sugar #11 (SBH25) – 19.87s (+0.37)
◾USD/BRL- 5.7635 (-0.0239)
◾USD/INR – ₹86.578 (-0.211)
◾Corn (ZCH25) – 485-4 (+1-4)
◾Ethanol Chicago $/gal – 1.74250s (-0.00750)
◾Brent Crude – $77.0 /bbl (+1.13)
◾BSE Sensex – 76293.60 (-1018.20)
◾NIFTY50 – 23071.80 (-309.80)
March NY world sugar #11 (SBH25) Tuesday closed up +0.37 (+1.90%), and March London ICE white sugar #5 (SWH25) closed up +13.40 (+2.58%).
Sugar prices rallied Tuesday after Covrig Analytics cut its 2025/26 global sugar surplus estimate to 4.1 MMT from a previous estimate of 5.2 MMT. Sugar added to its gains Tuesday when top sugar trader Alvean projected Brazil would crush 604 MMT of sugarcane in the 2025/26 season, -1.6% lower than last year.
