Morning Market Update – 09/04/2025

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.

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