Yesterday’s closing dated – 25/03/2025
◾London White Sugar #5 (SWK25) – 544.70s (+2.30)
◾NYBOT Raw Sugar #11 (SBK25) – 19.51s (+0.25)
◾USD/BRL- 5.6989 (-0.0657)
◾USD/INR – ₹85.506 (-0.077)
◾Corn (ZCH25) – 457-2 -0-4
◾Ethanol Chicago $/gal – 1.71000s (-0.00500)
◾Brent Crude – $73.02 /bbl (+0.02)
◾BSE Sensex – 78017.19 (+32.81)
◾NIFTY50 – 23668.65 (+10.30)
May NY world sugar #11 (SBK25) Tuesday closed up +0.25 (+1.30%), and May London ICE white sugar #5 (SWK25) closed up +2.30 (+0.42%).
Sugar prices Tuesday recovered from 1-week lows and settled moderately higher as a decline in the dollar index (DXY00) sparked short covering in sugar futures. Sugar prices have rallied over the past two weeks, with NY sugar posting a 1-month high last Tuesday and London sugar posting a 4-month high on signs of lower global sugar production.
