Yesterday’s closing dated – 30/06/2025
◾London White Sugar #5 (SWQ25) – 472.90s (-11.80)
◾NYBOT Raw Sugar #11 (SBN25) – 15.48s (-0.33)
◾USD/BRL- 5.4326 (-0.0530)
◾USD/INR – 85.600 (-0.090)
◾Corn (ZCN25) – 418-4 (-2-0)
◾Ethanol Chicago $/gal – 1.68250s (+0.00250)
◾Brent Crude – $67.61/bbl (-0.16)
◾BSE Sensex – 83606.46 (-452.44)
◾NIFTY50 – 25517.05 (-120.75)
July NY world sugar #11 (SBN25) Monday closed down -0.33 (-2.09%), and August London ICE white sugar #5 (SWQ25) closed down -11.80 (-2.43%).
Sugar prices retreated on Monday, with NY sugar falling to a 4-1/4 year nearest-futures low. Concerns about demand have sparked the liquidation of the July NY sugar futures contract, as worries mount about a large delivery of sugar ahead of the contract’s expiration on Monday.
Losses in sugar accelerated Monday on the projection by commodities trader Czarnikow for a 7.5 MMT global sugar surplus for the 2025/26 season, the largest surplus in 8 years.
