Yesterday’s closing dated – 20/02/2025
◾London White Sugar #5 (SWK25) – 555.40s (+7.80)
◾NYBOT Raw Sugar #11 (SBH25) – 21.05s (+0.36)
◾USD/BRL- 5.7029 (-0.0185)
◾USD/INR – ₹86.607 (+0.046)
◾Corn (ZCH25) – 498-6 +0-6
◾Ethanol Chicago $/gal – 1.78500s (-0.00250)
◾Brent Crude – $76.48 /bbl (+0.44)
◾BSE Sensex – 75735.96 (-203.22)
◾NIFTY50 – 22913.15 (-19.75)
March NY world sugar #11 (SBH25) Thursday closed up +0.36 (+1.74%), and May London ICE white sugar #5 (SWK25) closed up +7.80 (+1.42%).
Sugar prices Thursday extended their month-long rally to 2-1/4 month highs. Sugar prices saw continued support from Monday’s news that India’s sugar production fell -12% yr/yr to 19.7 MMT in the marketing year-to-date from October 1 through February 15, according to the India Sugar and Bio-Energy Manufacturers Association.
