Morning Market Update – 06/12/2025

Yesterday’s closing dated – 05/12/2025

◾London White Sugar #5 (SWH26) – 425.60s (+0.40)

◾NYBOT Raw Sugar #11 (SBH26) – 14.80s (-0.08)

◾USD/BRL- 5.4395 (+0.1298)

◾USD/INR – 89.945 (+0.108)

◾Corn (ZCZ25) – 436-6s (-1-0)

◾Ethanol Chicago $/gal – 1.61500s (+0.04500)

◾Brent Crude – $63.75/bbl (+0.49)

◾BSE Sensex – 85,712.37 (+447.05)

◾NIFTY50 – 26,186.45 (+152.70)

March NY world sugar #11 (SBH26) on Friday closed down -0.08 (-0.54%), and March London ICE white sugar #5 (SWH26) closed up +0.40 (+0.09%).

Sugar prices settled mixed on Friday, pressured by a weak Brazilian real. The real (^USDBRL) fell to a 7-week low against the dollar on Friday, encouraging export sales from Brazil’s sugar producers.

Sugar prices were already on the defensive as they fell to 2-week lows on Monday amid India’s ramped-up sugar production.

 

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