Morning Market Update- 08/03/2024

Yesterday’s closing dated –07/02/2024

◾London White Sugar – 604.10s (-6.90)

◾NYBOT Raw Sugar #11 – 21.28s (-0.17)

◾USD/BRL- 4.9355 (-0.0091)

◾USD/INR – 82.716 (-0.104)

◾Brent Crude – 82.96 (unchanged)

◾BSE Sensex – 74119.39 (+33.40)

◾NIFTY50 – 22493.55 (+19.50)

Sugar prices on Thursday posted moderate losses on a forecast for higher sugar production in the European Union (EU). Sugar trader Tereos said it expects EU sugar beet acreage to climb +3% next season.

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