Yesterday’s closing dated – 05/11/2024
◾London White Sugar #5 (SWZ24) – 555.90s (+0.40)
◾NYBOT Raw Sugar #11 (SBH25) – 21.90s (-0.03)
◾USD/BRL- 5.7508 (0.0000)
◾USD/INR – 84.109 (-0.050)
◾Brent Crude – 75.53 (+0.45)
◾BSE Sensex – 79476.63 (+694.39)
◾NIFTY50 – 24213.30 (+217.95)
March NY world sugar #11 (SBH25) Tuesday closed down -0.03 (-0.14%), and December London ICE white sugar #5 (SWZ24) closed up +0.40 (+0.07%).
Sugar prices on Tuesday settled mixed. Sugar has been under pressure recently, with NY sugar posting a 2-week low Monday and London sugar posting a 1-1/2 month low Tuesday on forecasts for beneficial rain in Brazil’s Center-South that eases concerns over excessive dryness.
For detailed information and further insights, please refer to Chinimandi.com, which provides news about the Sugar and Allied Sectors
