Morning Market Update – 07/11/2024

Yesterday’s closing dated – 06/11/2024

◾London White Sugar #5 (SWZ24) – 555.80s (-0.10)

◾NYBOT Raw Sugar #11 (SBH25) – 22.03s (+0.13)

◾USD/BRL- 5.6793 (0.0000)

◾USD/INR –84.329 (+0.217)

◾Brent Crude – 74.92 (-0.61)

◾BSE Sensex – 80378.13 (+901.50)

◾NIFTY50 – 24484.05 (+270.75)

March NY world sugar #11 (SBH25) Wednesday closed up +0.13 (+0.59%), and December London ICE white sugar #5 (SWZ24) closed down -0.10 (-0.02%).

Sugar prices Wednesday recovered from early losses and settled mixed after a rally in the Brazilian real (^USDBRL) to a 1-week high sparked short covering in sugar futures.

For detailed information and further insights, please refer to Chinimandi.com, which provides news about the Sugar and Allied Sectors 

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