Yesterday’s closing dated – 25/06/2024
◾London White Sugar – 561.70s (-8.40)
◾NYBOT Raw Sugar #11 – 19.10s (-0.31)
◾USD/BRL- 5.4516 (+0.0007)
◾USD/INR – 83.411 (-0.051)
◾Brent Crude – 85.01 (-1.00)
◾BSE Sensex – 78053.52 (+712.44)
◾NIFTY50 – 23721.30 (+183.45)
July NY world sugar #11 (SBN24) on Tuesday closed down -0.31 (-1.60%), and Aug London ICE white sugar #5 (SWQ24) closed down -8.40 (-1.47%).
Sugar prices Tuesday gave up most of Monday’s advance due to a stronger dollar. Increased sugar output in Brazil is also bearish for prices.
