Morning Market Update – 17/01/2025

Yesterday’s closing dated – 16/01/2025

◾London White Sugar #5 (SWH25) – 485.00s (+12.50)

◾NYBOT Raw Sugar #11 (SBH25) – 18.41s (+0.40)

◾USD/BRL- 6.0499 (0.0000)

◾USD/INR – ₹ 86.590 (+0.210)

◾Corn (ZCH25) – 477-4 +3-0

◾Ethanol Chicago $/gal – 1.69500s (+0.01000)

◾Brent Crude – $81.29/bbl (-0.74)

◾BSE Sensex – 77042.82 (+318.74)

◾NIFTY50 – 23311.80 (+98.60)

March NY world sugar #11 (SBH25) Thursday closed up +0.40 (+2.22%), and March London ICE white sugar #5 (SWH25) closed up +12.50 (+2.65%).

Sugar prices posted moderate gains on Thursday, as a weaker dollar (DXY00) sparked short covering in sugar futures.

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