Yesterday’s closing dated –09/02/2024
◾London White Sugar – 665.50s (-0.20)
◾NYBOT Raw Sugar #11 – 24.02s (+0.04)
◾USD/BRL- 4.9522 (-0.0398)
◾USD/INR – 83.012 (+0.036)
◾Brent Crude – 82.19 (+0.56)
◾BSE Sensex – 71595.49 (+167.06)
◾NIFTY50 – 21782.50 (+64.55)
March NY world sugar #11 (SBH24) on Friday closed up +0.04 (+0.17%), and March London ICE white sugar #5 (SWH24) closed down -0.20 (-0.03%).
Sugar prices on Friday settled mixed. Sugar found support Friday after consulting firm Safras & Mercado cut its 2024/25 Brazil Center-South sugar cane crush estimate to 650 MMT from a previous forecast of 670 MMT, citing drier-than-normal conditions.
