Yesterday’s closing dated –16/01/2024
◾London White Sugar – 644.40s (+18.20)
◾NYBOT Raw Sugar #11 – 22.52s (+0.91)
◾USD/BRL-4.9263 (+0.0005)
◾USD/INR – 83.0700 (+0.1900)
◾Brent Crude – 78.29 (+0.14)
◾BSE Sensex – 73128.77 (-199.17)
◾NIFTY50 – 22032.30 (-65.15)
Sugar prices on Tuesday surged to 1-month highs and settled sharply higher. Sugar prices surged on concern about the disruption to sugar production caused by the current El Nino weather pattern.