Yesterday’s closing dated – 16/06/2025
◾London White Sugar #5 (SWQ25) – 479.80s (+14.50)
◾NYBOT Raw Sugar #11 (SBN25) – 16.52s (+0.39)
◾USD/BRL- 5.4920 (-0.0519)
◾USD/INR – 85.884 (+0.066)
◾Corn (ZCN25) – 434-4 -0-2
◾Ethanol Chicago $/gal – 1.67000s (-0.01250)
◾Brent Crude – $73.23/bbl (-1.00)
◾BSE Sensex – 81796.15 (+677.55)
◾NIFTY50 – 24946.50 (+227.90)
July NY world sugar #11 (SBN25) Monday closed up +0.39 (+2.42%), and August London ICE white sugar #5 (SWQ25) closed up +14.50 (+3.12%).
Sugar prices on Monday recovered from early losses and rallied sharply, with London sugar posting a 2-week high as strength in the Brazilian real sparked some short-covering in sugar futures. The real (^USDBRL) rallied to an 8-1/4 month high against the dollar Monday, discouraging export sales from Brazil’s sugar producers.
