Yesterday’s closing dated – 08/08/2024
◾London White Sugar (SWV24) – 526.60s (+12.10)
◾NYBOT Raw Sugar #11 (SBV24) – 18.57s (+0.43)
◾USD/BRL- 5.5476 (-0.0018)
◾USD/INR – 83.977 (+0.026)
◾Brent Crude – 79.16 (+0.83)
◾BSE Sensex – 78886.22 (-581.79)
◾NIFTY50 – 24100.50 (-197.00)
October NY world sugar #11 (SBV24) on Thursday closed up +0.43 (+2.27%), and Oct London ICE white sugar #5 (SWV24) closed up +12.10 (+2.35%).
Sugar prices rallied on Thursday after media report stated that India would keep its curbs in place on sugar exports to ensure adequate domestic supplies and boost country’s ethanol output.
