Yesterday’s closing dated – 13/06/2025
◾London White Sugar #5 (SWQ25) – 465.30s (-1.00)
◾NYBOT Raw Sugar #11 (SBN25) – 16.13s (-0.14)
◾USD/BRL- 5.5439 (+0.0064)
◾USD/INR – 86.108 (+0.527)
◾Corn (ZCN25) – 444-4s +6-0
◾Ethanol Chicago $/gal – 1.67000s (+0.01250)
◾Brent Crude – $74.23/bbl (+4.87)
◾BSE Sensex – 81118.60 (-573.38)
◾NIFTY50 – 24718.60 (-169.60)
July NY world sugar #11 (SBN25) on Friday closed down -0.14 (-0.86%), and August London ICE white sugar #5 (SWQ25) closed down -1.00 (-0.21%).
NY sugar prices on Friday fell to a new 4-year nearest-futures low. Sugar prices have fallen over the past 2-1/2 months 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.
