Yesterday’s closing dated – 12/06/2025
◾London White Sugar #5 (SWQ25) – 466.30s (-6.50)
◾NYBOT Raw Sugar #11 (SBN25) – 16.27s (-0.15)
◾USD/BRL- 5.5375 (+0.0011)
◾USD/INR – 86.141 (+0.588)
◾Corn (ZCN25) – 441-2 (+2-6)
◾Ethanol Chicago $/gal – 1.65750s (+0.00500)
◾Brent Crude – $69.36/bbl (-0.41)
◾BSE Sensex – 81691.98 (-823.16)
◾NIFTY50 – 24888.20 (-253.20)
July NY world sugar #11 (SBN25) Thursday closed down -0.15 (-0.91%), and August London ICE white sugar #5 (SWQ25) closed down -6.50 (-1.37%).
Sugar prices retreated on Thursday, with NY sugar posting a 4-year nearest-futures low. Sugar prices have been in a two-month downtrend due to expectations of a global sugar surplus. On May 22, the USDA, in its biannual report, projected that global 2025/26 sugar production would increase by +4.7% year-over-year (y/y) to a record 189.318 million metric tons (MMT), with a global sugar surplus of 41.188 MMT, up 7.5% year-over-year.
