Morning Market Update – 17/09/2024

Yesterday’s closing dated – 16/09/2024

◾London White Sugar (SWZ24) – 523.00s (-4.90)

◾NYBOT Raw Sugar #11 (SBV24) – 19.18s (+0.17)

◾USD/BRL- 5.5100 (0.0000)

◾USD/INR – 83.851 (-0.033)

◾Brent Crude – 72.75 (+1.14)

◾BSE Sensex – 82988.78 (+97.84)

◾NIFTY50 – 25383.75 (+27.25)

October NY world sugar #11 (SBV24) Monday closed up +0.17 (+0.89%), and December London ICE white sugar #5 (SWZ24) closed down -4.90 (-0.93%).

Sugar prices Monday settled mixed, with NY sugar posting a 1-week high. Sugar prices found support Monday from a +2% rally in crude oil prices (CLV24) to a 1-week high.

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