Morning Market Update – 10/12/2024

Yesterday’s closing dated – 09/12/2024

◾London White Sugar #5 (SWH25) – 555.00s (-6.00)

◾NYBOT Raw Sugar #11 (SBH25) – 21.50s (-0.31)

◾USD/BRL- 6.0788 (0.0000)

◾USD/INR – ₹ ₹ 84.874 (+0.200)

◾Corn (ZCZ24) – c/lb 433-4 -0-4

◾Ethanol Chicago $/gal – 1.60000s (-0.03000)

◾Brent Crude – $72.14/bbl (+1.02)

◾BSE Sensex – 81508.46 (-200.66)

◾NIFTY50 – 24619.00 (-58.80)

March NY world sugar #11 (SBH25) Monday closed down -0.31 (-1.42%), and March London ICE white sugar #5 (SWH25) closed down -6.00 (-1.07%).

Sugar prices Monday fell back from 1-week highs and settled moderately lower on forecasts for rain this week in Brazil’s Center-South, the country’s main sugar-growing region.

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