Morning Market Update – 04/10/2025

Yesterday’s closing dated – 03/10/2025

◾London White Sugar #5 (SWZ25) – 457.50s (-1.20)

◾NYBOT Raw Sugar #11 (SBH26) – 16.47s (+0.07)

◾USD/BRL- 5.3525 (+0.0145)

◾USD/INR – 88.789 (+0.098)

◾Corn (ZCZ25) – 421-0 (-0-6)

◾Ethanol Chicago $/gal – 2.00500s (-0.01000)

◾Brent Crude – $60.81/bbl (+0.33)

◾BSE Sensex – 81207.17 (+223.86)

◾NIFTY50 – 24894.250 (+57.95)

March NY world sugar #11 (SBH26) on Friday closed up +0.07 (+0.431%), and December London ICE white sugar #5 (SWZ25) closed down -1.20 (-0.26%).

Sugar prices settled mixed on Friday.  Sugar has carryover support from Thursday, when Unica reported that the sugar content in Brazil’s Center-South sugarcane crush declined, signaling lower sugar production.  The sugar content in crushed cane in the first half of September in Brazil dropped to 154.58 kilogram per ton (kg/ton) versus 160.07 kg/ton a year earlier.

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