Yesterday’s closing dated – 19/03/2025
◾London White Sugar #5 (SWK25) – 557.40s (-5.50)
◾NYBOT Raw Sugar #11 (SBK25) – 19.69s (-0.30)
◾USD/BRL- 5.6485 (-0.0220)
◾USD/INR – ₹86.260 (-0.050)
◾Corn (ZCH25) – 445-4s (-8-0)
◾Ethanol Chicago $/gal – 1.80250s (+0.01750)
◾Brent Crude – $70.78 /bbl (+0.22)
◾BSE Sensex – 75449.05 +147.79
◾NIFTY50 – 22907.60 (+73.30)
May NY world sugar #11 (SBK25) Wednesday closed down -0.30 (-1.50%), and May London ICE white sugar #5 (SWK25) closed down -5.50 (-0.98%).
Sugar prices Wednesday were under pressure as strength in the dollar (DXY00) prompted long liquidation in sugar futures. Sugar prices have rallied over the past week, with NY sugar posting a 3-week high Tuesday and London sugar posting a 3-1/2 month high on signs of lower global sugar production.
