Yesterday’s closing dated – 28/08/2024
◾London White Sugar (SWV24) – 544.70s (-3.30)
◾NYBOT Raw Sugar #11 (SBV24) – 19.54s (-0.06)
◾USD/BRL- 5.5644 (0.0000)
◾USD/INR – 83.978 (+0.057)
◾Brent Crude – 78.65 (-0.90)
◾BSE Sensex – 81785.56 (+73.80)
◾NIFTY50 – 25052.35 (+34.60)
October NY world sugar #11 (SBV24) Wednesday closed down -0.06 (-0.31%). Oct London ICE white sugar #5 (SWV24) closed down -3.30 (-0.60%).
On Tuesday, sugar prices rallied to 1-1/4 month highs as massive fires in Brazil caused by drought and excessive heat have damaged sugar crops in Brazil’s top sugar-producing state of Sao Paulo.
