Morning Market Update – 13/02/2025

Yesterday’s closing dated – 12/02/2025

◾London White Sugar #5 (SWH25) – 545.30s (+12.50)

◾NYBOT Raw Sugar #11 (SBH25) – 19.76s (-0.11)

◾USD/BRL- 5.7649 (+0.0014)

◾USD/INR – ₹86.810 (-0.090)

◾Corn (ZCH25) – 490-4 +0-2

◾Ethanol Chicago $/gal – 1.76000s +0.01750

◾Brent Crude – $75.18 /bbl (-1.82)

◾BSE Sensex – 76171.08 -122.52

◾NIFTY50 – 23045.25 (-26.55)

March NY world sugar #11 (SBH25) Wednesday closed down -0.11 (-0.55%), and March London ICE white sugar #5 (SWH25) closed up +12.50 (+2.35%).

Sugar prices Wednesday settled mixed, with London sugar posting a 1-1/2 week high. NY sugar prices came under pressure Wednesday after India projected a “bumper” sugar crop for the 2025/26 season that will allow it to boost sugar exports.

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