Yesterday’s closing dated – 06/02/2025
◾London White Sugar #5 (SWH25) – 522.40s (-5.90)
◾NYBOT Raw Sugar #11 (SBH25) – 19.57s (-0.19)
◾USD/BRL- 5.7617 (-0.0356)
◾USD/INR – ₹87.425 (-0.155)
◾Corn (ZCH25) – 496-0 +0-6
◾Ethanol Chicago $/gal – 1.73500s (-0.00500)
◾Brent Crude – $74.29/bbl (-0.32)
◾BSE Sensex – 78058.16 (-213.12)
◾NIFTY50 – 23603.35 (-92.95)
March NY world sugar #11 (SBH25) Thursday closed down -0.19 (-0.96%), and March London ICE white sugar #5 (SWH25) closed down -5.90 (-1.12%).
Sugar prices Thursday retreated from a 7-week high and closed moderately lower. The outlook for a global sugar surplus is undercutting prices after Green Pool Commodity Specialists projected the global sugar market will shift to a surplus of +2.7 MMT in the 2025/26 crop year, compared to a deficit of -3.7 MMT in 2024/25.
