Yesterday’s closing dated – 17/05/2024
◾London White Sugar – 534.70s (-1.50)
◾NYBOT Raw Sugar #11 – 18.13s (-0.20)
◾USD/BRL- 5.1044 (-0.0244)
◾USD/INR –83.356 (-0.121)
◾Brent Crude – 84.00 (+0.73)
◾BSE Sensex – 73917.03 (+253.31)
◾NIFTY50 – 22466.10 (+62.25)
uly NY world sugar #11 (SBN24) on Friday closed down -0.20 (-1.09%), and Aug London ICE white sugar #5 (SWQ24) closed down -1.50 (-0.28%).
Sugar prices posted moderate losses on Friday but remained above Thursday’s significant lows. NY sugar on Thursday fell to a 1-1/2 year nearest-futures low, and London sugar dropped to a 1-1/4 year low on the outlook for ample global sugar supplies.
