Yesterday’s closing dated – 09/10/2024
◾London White Sugar (SWZ24) – 563.90s (-11.20)
◾NYBOT Raw Sugar #11 (SBH25) – 22.04s (-0.45)
◾USD/BRL- 5.5941 (0.0000)
◾USD/INR – 83.979 (+0.042)
◾Brent Crude – 76.58 (-0.60)
◾BSE Sensex – 81467.10 (-167.71)
◾NIFTY50 – 24981.95 (-31.20)
March NY world sugar #11 (SBH25) Wednesday closed down -0.45 (-2.00%), and December London ICE white sugar #5 (SWZ24) closed down -11.20 (-1.95%).
Sugar prices on Wednesday dropped to 2-1/2 week lows as forecasted rains in Brazil alleviated drought concerns. Forecaster Maxar Technologies said showers will continue this week across the Center South of Brazil, the country’s top sugar-producing region.
