Yesterday’s closing dated – 21/01/2025
◾London White Sugar #5 (SWH25) – 466.40s (-7.90)
◾NYBOT Raw Sugar #11 (SBH25) – 17.79s (-0.43)
◾USD/BRL- 6.02250 (-0.00010)
◾USD/INR – ₹ 86.5749 (+0.1168)
◾Corn (ZCH25) – 487-4 -2-4
◾Ethanol Chicago $/gal – 1.69500s (unch)
◾Brent Crude – $79.29/bbl (-0.86)
◾BSE Sensex – 75838.36 (-1235.08)
◾NIFTY50 – 23024.65 (-320.10)
March NY world sugar #11 (SBH25) Tuesday closed down -0.43 (-2.36%), and March London ICE white sugar #5 (SWH25) closed down -7.90 (-1.673%).
On Tuesday, sugar prices extended their 3-1/2 month-long sell-off, with NY sugar posting a 5-month nearest-futures low and London sugar posting a 3-1/3 year low. An improving global sugar supply outlook weighed on sugar prices.
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