Yesterday’s closing dated – 25/11/2025
◾London White Sugar #5 (SWH26) – 427.90s (+3.00)
◾NYBOT Raw Sugar #11 (SBH26) – 14.91s (+0.09)
◾USD/BRL- 5.3815 (-0.0071)
◾USD/INR – 89.191 (+0.058)
◾Corn (ZCZ25) – 424-4 (+1-0)
◾Ethanol Chicago $/gal – 1.71500s (-0.01000)
◾Brent Crude – $62.48/bbl (-0.89)
◾BSE Sensex – 84587.01 (-313.70)
◾NIFTY50 – 25884.80 (-74.70)
March NY world sugar #11 (SBH26) on Tuesday closed up +0.09 (+0.61%), and March London ICE white sugar #5 (SWH26) closed up +3.00 (+0.71%).
Sugar prices settled higher on Tuesday amid a weaker dollar (DXY00), as they continue to consolidate below last Wednesday’s 1-month highs. Sugar is supported by the recent news that India’s food ministry said it was considering boosting the price of ethanol used for gasoline blending, which could encourage India’s sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus reducing sugar supplies.
