Yesterday’s closing dated – 29/11/2024
◾London White Sugar #5 (SWH25) – 547.70s (-8.40)
◾NYBOT Raw Sugar #11 (SBH25) – 21.08s (-0.61)
◾USD/BRL- 5.9730 (-0.0412)
◾USD/INR – ₹ 84.559 (+0.086)
◾Corn (ZCZ24) – c/lb 423-0s +7-2
◾Ethanol Chicago $/gal – 1.62655s (+0.00655)
◾Brent Crude – $72.94/bbl (+0.34)
◾BSE Sensex – 79802.79 (+759.05)
◾NIFTY50 – 24131.10 (+216.95)
March NY world sugar #11 (SBH25) Friday closed down -0.61 (-2.81%), and March London ICE white sugar #5 (SWH25) closed down -8.40 (-1.51%).
Sugar prices Friday settled moderately lower, with NY sugar posting a 2-week low. Friday’s selloff in the Brazilian real (^USDBRL) to a record low against the dollar encouraged export selling by Brazil’s sugar producers and sparked long liquidation in sugar futures.
