Yesterday’s closing dated – 21/02/2025
◾London White Sugar #5 (SWK25) – 560.20s (+4.80)
◾NYBOT Raw Sugar #11 (SBH25) – 21.31s (+0.26)
◾USD/BRL- 5.7320 (+0.0291)
◾USD/INR – ₹86.572 (+0.011)
◾Corn (ZCH25) – 491-2s -6-6
◾Ethanol Chicago $/gal – 1.78250s (-0.00250)
◾Brent Crude – $74.43 /bbl (-2.05)
◾BSE Sensex – 75,311.06 (−424.90)
◾NIFTY50 – 22,795.90 (−117.25)
March NY world sugar #11 (SBH25) Friday closed up +0.26 (+1.24%), and May London ICE white sugar #5 (SWK25) closed up +4.80 (+0.86%).
Sugar prices Friday extended their month-long rally to 2-1/4 month highs. Sugar prices saw continued support from Monday’s news that India’s sugar production fell -12% yr/yr to 19.7 MMT in the marketing year-to-date from October 1 through February 15, according to the India Sugar and Bio-Energy Manufacturers Association.
