Yesterday’s closing dated – 16/08/2024
◾London White Sugar (SWV24) – 516.70s (+3.40)
◾NYBOT Raw Sugar #11 (SBV24) – 18.03s (+0.15)
◾USD/BRL- 5.4753 (-0.0074)
◾USD/INR – 83.925 (-0.031)
◾Brent Crude – 79.68 (-1.36)
◾BSE Sensex – 80436.84 (+1330.96)
◾NIFTY50 – 24540.55 (+396.80)
October NY world sugar #11 (SBV24) on Friday closed up +0.15 (+0.84%), and Oct London ICE white sugar #5 (SWV24) closed up +3.40 (+0.66%).
Sugar prices Friday rose moderately on strength in the Brazilian real (^USDBRL). The real is trading just below Wednesday’s 4-week high against the dollar, discouraging export selling from Brazil’s sugar producers.
