Yesterday’s closing dated – 07/02/2025
◾London White Sugar #5 (SWH25) – 517.70s (-4.70)
◾NYBOT Raw Sugar #11 (SBH25) – 19.36s (-0.21)
◾USD/BRL- 5.8058 (+0.0441)
◾USD/INR – ₹87.627 (+0.047)
◾Corn (ZCH25) – 487-4s -7-6
◾Ethanol Chicago $/gal – 1.73750s (+0.00250)
◾Brent Crude – $74.66/bbl (+0.37)
◾BSE Sensex – 77,860.19 (-197.97)
◾NIFTY50 – 23,559.95 (-43.40)
March NY world sugar #11 (SBH25) Friday is down -0.21 (-1.07%), and March London ICE white sugar #5 (SWH25) closed down -4.70 (-0.90%).
Sugar prices settled moderately lower on Friday, weighed down by a stronger dollar. Sugar also has some negative carryover from Wednesday when 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.
