Yesterday’s closing dated – 14/10/2024
◾London White Sugar (SWZ24) – 575.30s (+5.60)
◾NYBOT Raw Sugar #11 (SBH25) – 22.39s (+0.15)
◾USD/BRL- 5.5928 (0.0000)
◾USD/INR – 84.059 (-0.081)
◾Brent Crude – 77.46 (-1.58)
◾BSE Sensex – 81973.05 (+591.69)
◾NIFTY50 – 25127.95 (+163.70)
March NY world sugar #11 (SBH25) Monday closed up +0.15 (+0.67%), and December London ICE white sugar #5 (SWZ24) closed up +5.60 (+0.98%).
Sugar prices on Monday settled moderately higher. Sugar moved higher Monday after food processor Wilmar International cut its 2024/25 Brazil Center-South sugar production estimate to 38.2 MMT-39.5 MMT from a September estimate of 38.3 MMT-40.8 MMT, citing limited rain and high temperatures.
