Yesterday’s closing dated – 14/05/2024
◾London White Sugar – 553.00s (+3.00)
◾NYBOT Raw Sugar #11 – 18.87s (+0.24)
◾USD/BRL- 5.1294 (-0.0005)
◾USD/INR – 83.508 (+0.003)
◾Brent Crude – 82.38 (-0.98)
◾BSE Sensex – 73104.61 (+328.48)
◾NIFTY50 – 22217.85 (+113.80)
July NY world sugar #11 (SBN24) on Tuesday closed up +0.24 (+1.29%), and Aug London ICE white sugar #5 (SWQ24) closed up +3.00 (+0.55%).
Sugar prices Tuesday recovered from early losses and settled moderately higher as a fall in the dollar index (DXY00) to a 1-week low sparked short covering in sugar futures