Yesterday’s closing dated – 24/05/2024
◾London White Sugar – 545.90s (+6.20)
◾NYBOT Raw Sugar #11 – 18.41s (+0.15)
◾USD/BRL- 5.1649 (+0.0207)
◾USD/INR – 83.103 (-0.189)
◾Brent Crude – 82.09 (+0.73)
◾BSE Sensex – 75410.39 (-7.65)
◾NIFTY50 – 22957.10 (-10.55)
July NY world sugar #11 (SBN24) on Friday closed up +0.15 (+0.82%) on Tuesday, and Aug London ICE white sugar #5 (SWQ24) closed up +6.20 (+1.15%).
Sugar prices on Friday recovered from 1-week lows and posted moderate gains as a weaker dollar (DXY00) sparked short covering in sugar futures.