Yesterday’s closing dated – 16/04/2025
◾London White Sugar #5 (SWQ25) – 492.00s (+1.90)
◾NYBOT Raw Sugar #11 (SBK25) – 17.70s (+0.18)
◾USD/BRL- 5.9105 (+0.0246)
◾USD/INR – ₹85.742 (+0.061)
◾Corn –485-0 +3-6
◾Ethanol Chicago $/gal – 1.78750s (-0.00750)
◾Brent Crude – $62.05 /bbl (+0.72)
◾BSE Sensex – 77044.29 (+309.40)
◾NIFTY50 – 23437.20 (+108.65)
May NY world sugar #11 (SBK25) Wednesday closed up +0.34 (+1.94%), and August London ICE white sugar #5 (SWQ25) closed up +7.20 (+1.47%). Sugar prices Wednesday rose moderately as a weaker dollar (DXY00) sparked short-covering in sugar futures. Sugar prices have been on the defensive this week, with NY sugar posting a 2-1/2 year nearest-futures low Tuesday and London sugar posting a 2-3/4 month low Wednesday.
