Yesterday’s closing dated – 27/06/2024
◾London White Sugar – 585.10s (+15.90)
◾NYBOT Raw Sugar #11 – 20.12s (+0.88)
◾USD/BRL- 5.5014 (-0.0005)
◾USD/INR – 83.436 (-0.150)
◾Brent Crude – 86.39 (+1.14)
◾BSE Sensex – 79243.18 (+568.93)
◾NIFTY50 – 24044.50 (+175.70)
July NY world sugar #11 (SBN24) on Thursday closed up +0.88 (+4.57%), and Aug London ICE white sugar #5 (SWQ24) closed up +15.90 (+2.79%).
Sugar prices Thursday rallied sharply to 2-1/2 month highs. Sugar had carryover support from Wednesday when India’s agricultural agency reported spreading a fungus crop disease called red rot through India’s Uttar Pradesh state, a key sugar-growing region.
