Yesterday’s closing dated – 15/05/2024
◾London White Sugar – 542.30s (-10.70)
◾NYBOT Raw Sugar #11 – 18.65s (-0.22)
◾USD/BRL- 5.1366 (-0.0007)
◾USD/INR – 83.485 (-0.010)
◾Brent Crude – 82.75 (+0.37)
◾BSE Sensex – 72987.03 (-117.58)
◾NIFTY50 – 22200.55 (-17.30)
July NY world sugar #11 (SBN24) on Wednesday closed down -0.22 (-1.17%), and Aug London ICE white sugar #5 (SWQ24) closed down -10.70 (-1.93%).
Sugar prices on Wednesday settled moderately lower but remained above Tuesday’s major lows. NY sugar on Tuesday posted a 1-1/2 year nearest-futures low, and London sugar dropped to a 1-1/4 year low.
