Morning Market Update – 01/10/2025

Yesterday’s closing dated – 30/09/2025

◾London White Sugar #5 (SWZ25) – 468.30s +6.00

◾NYBOT Raw Sugar #11 (SBV25) – 16.10s (+0.08)

◾USD/BRL- 5.3229 (+0.0008)

◾USD/INR – 88.771 (-0.040)

◾Corn (ZCZ25) – 414-2 (-1-2)

◾Ethanol Chicago $/gal – 1.86000s (-0.02500)

◾Brent Crude – $67.02/bbl (-0.95)

◾BSE Sensex – 80267.62 (-97.32)

◾NIFTY50 – 24611.10 (-23.80)

October NY world sugar #11 (SBV25) on Tuesday closed up +0.08 (+0.50%), and December London ICE white sugar #5 (SWZ25) closed up +6.00 (+1.30%).

Sugar prices moved higher on Tuesday, with NY sugar posting a 4-week high and London sugar climbing to a 1.5-week high. Tuesday’s weaker dollar (DXY00) is supportive for sugar prices, along with signs of stronger global demand, as Pakistan has placed orders for a total of 320,000 MT of sugar for immediate delivery.

LEAVE A REPLY

Please enter your comment!
Please enter your name here