Morning Market Update – 07/11/2025

Yesterday’s closing dated – 06/11/2025

◾London White Sugar #5 (SWZ25) – 412.90s (+0.20)

◾NYBOT Raw Sugar #11 (SBH26) – 14.19s (+0.08)

◾USD/BRL- 5.3502 (-0.0097)

◾USD/INR – 88.656 (-0.012)

◾Corn (ZCZ25) – 428-6 (unch)

◾Ethanol Chicago $/gal – 1.69500s (-0.00500)

◾Brent Crude – $63.38/bbl (-0.14)

◾BSE Sensex – 83311.01 -148.14

◾NIFTY50 – 25509.70 (-87.95)

March NY world sugar #11 (SBH26) on Thursday closed up +0.08 (+0.57%), and December London ICE white sugar #5 (SWZ25) closed up +0.20 (+0.05%).

Sugar prices recovered from early losses and moved higher on Thursday as strength in the Brazilian real sparked short covering in sugar futures. The real (^USDBRL) climbed to a 4-week high against the dollar on Thursday, discouraging export sales from Brazil’s sugar producers.

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