Yesterday’s closing dated – 08/04/2025
◾London White Sugar #5 (SWK25) – 523.20s (-10.70)
◾NYBOT Raw Sugar #11 (SBK25) – 18.31s (-0.37)
◾USD/BRL- 6.0109 (+0.0970)
◾USD/INR – ₹86.559 (+0.319)
◾Corn (ZCZ25) – 469-4 (+0-4)
◾Ethanol Chicago $/gal – 1.77750s )-0.00500)
◾Brent Crude – $62.82 /bbl (-1.39)
◾BSE Sensex – 74227.08 (+1089.18)
◾NIFTY50 – 22535.85 (+374.25)
May NY world sugar #11 (SBK25) Tuesday closed down -0.37 (-1.98%), and May London ICE white sugar #5 (SWK25) closed down -10.70 (-2.00%).
Sugar prices on Tuesday dropped to 5-week lows and settled moderately lower due to the weakness of the Brazilian real (^USDBRL). The real fell to a 2-1/2 month low against the dollar Tuesday, encouraging export selling from Brazil’s sugar producers.