Yesterday’s closing dated – 28/04/2025
◾London White Sugar #5 (SWQ25) – 505.30s (-8.70)
◾NYBOT Raw Sugar #11 (SBK25) – 17.84s (-0.34)
◾USD/BRL- 5.6542 (-0.0291)
◾USD/INR – 85.048 (-0.087)
◾Corn – 474-4 (-1-0)
◾Ethanol Chicago $/gal – 1.77250s (+0.00250)
◾Brent Crude – $65.86/bbl (-1.01)
◾BSE Sensex – 80218.37 (+1005.84)
◾NIFTY50 – 24328.50 (+289.15)
May NY world sugar #11 (SBK25) Monday closed down -0.34 (-1.87%), and August London ICE white sugar #5 (SWQ25) closed down -8.70 (-1.69%).
Sugar prices retreated on Monday due to demand concerns. Green Pool Commodity Specialists said Monday that the volume of outstanding contracts in NY May sugar futures that expire on Wednesday indicates that delivery against those contracts will be sizable, a sign of weak sugar demand.
