Morning Market Update – 16/09/2025

Yesterday’s closing dated – 15/09/2025

◾London White Sugar #5 (SWV25) – 491.40s (+6.20)

◾NYBOT Raw Sugar #11 (SBV25) – 16.00s (+0.21)

◾USD/BRL- 5.3168 (-0.0381)

◾USD/INR – 88.157 (+0.060)

◾Corn (ZCZ25) – 424-2 (+1-0)

◾Ethanol Chicago $/gal – 2.01500s (unch)

◾Brent Crude – $67.44/bbl (+0.45)

◾BSE Sensex – 81785.74 (-118.96)

◾NIFTY50 – 25069.20 (-44.80)

October NY world sugar #11 (SBV25) on Monday closed up +0.21 (+1.33%), and October London ICE white sugar #5 (SWV25) closed up +6.20 (+1.28%).

Sugar prices settled sharply higher on Monday and posted 1.5-week highs. Strength in the Brazilian real sparked short covering in sugar prices after the real (^USDBRL) on Monday rallied to a 15-month high against the dollar. The stronger real discourages export sales from Brazil’s sugar producers.

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