Yesterday’s closing dated – 07/07/2025
◾London White Sugar #5 (SWQ25) – 476.70s (-4.10)
◾NYBOT Raw Sugar #11 (SBV25) – 16.28s (-0.10)
◾USD/BRL- 5.4845 (0.0000)
◾USD/INR – 85.727 (-0.023)
◾Corn (ZCN25) – 416-4 (-1-4)
◾Ethanol Chicago $/gal – 1.69500s (-0.03500)
◾Brent Crude – $69.58/bbl (+1.28)
◾BSE Sensex – 83442.50 (+9.61)
◾NIFTY50 – 25461.30 (+0.30)
October NY world sugar #11 (SBV25) Monday closed down -0.10 (-0.61%), and August London ICE white sugar #5 (SWQ25) closed down -4.10 (-0.85%).
Sugar prices were under pressure Monday following the removal of the frost risk from weather forecasts in Brazil. Also, an early arrival of the monsoon season in India has bolstered the outlook for a bumper sugar crop. Rains in June were 9% above normal in India, and the India Meteorological Department has forecast above-normal rainfall for July.
