Yesterday’s closing dated –05/04/2024
◾London White Sugar – 646.90s (-3.80)
◾NYBOT Raw Sugar #11 – 21.99s (-0.37)
◾USD/BRL- 5.0659 (+0.0121)
◾USD/INR – 83.353 (-0.123)
◾Brent Crude – 90.86 (+0.21)
◾BSE Sensex – 74248.22 (+20.59)
◾NIFTY50 – 22513.70 (-0.95)
Sugar prices Friday fell to 1-week lows and closed moderately lower. Sugar prices are under pressure on negative carryover from Wednesday when Vietnam’s Office of the Cane and Sugar Board reported that Thailand’s 2023/24 sugar production from Dec-Mar was 8.75 MMT, above a Feb estimate from the Thai Sugar Millers Corp for sugar production of 7.5 MMT.
