Yesterday’s closing dated – 08/10/2025
◾London White Sugar #5 (SWZ25) – 450.70s (-7.30)
◾NYBOT Raw Sugar #11 (SBH26) – 16.29s (-0.34)
◾USD/BRL- 5.3431 (-0.0080)
◾USD/INR – 88.745 (+0.005)
◾Corn (ZCZ25) – 422-0 (unch)
◾Ethanol Chicago $/gal – 1.78000s (-0.07750)
◾Brent Crude – $66.25/bbl (+0.80)
◾BSE Sensex – 81773.66 (-153.09)
◾NIFTY50 – 25046.15 (-62.15)
On Wednesday, March NY world sugar #11 (SBH26) dropped by -0.34 (-2.04%), while December London ICE white sugar #5 (SWZ25) declined by -7.30 (-1.59%).
Sugar prices experienced a significant decline for the second consecutive day, with London sugar reaching a two-week low. The downward movement in prices is attributed to a negative carryover from Tuesday, when Covrig Analytics forecasted a global sugar surplus of 4.1 million metric tons (MMT) for the 2025/26 season.
