Yesterday’s closing dated – 09/07/2025
◾London White Sugar #5 (SWQ25) – 492.50s (+16.70)
◾NYBOT Raw Sugar #11 (SBV25) – 16.56s (+0.43)
◾USD/BRL- 5.5766 (+0.1292)
◾USD/INR – 85.588 (-0.082)
◾Corn (ZCN25) – 412-0 (-0-4)
◾Ethanol Chicago $/gal – 1.73500s (+0.01500)
◾Brent Crude – $70.19/bbl (+0.4)
◾BSE Sensex – 83536.08 (-176.43)
◾NIFTY50 – 25476.10 (-46.40)
On Wednesday, October NY world sugar #11 (SBV25) rose by +0.43 (+2.67%), while August London ICE white sugar #5 (SWQ25) gained +16.70 (+3.51%).
Sugar prices ended the day significantly higher, with NY sugar reaching a one-week peak and London sugar hitting a 1.5-month high. The rally was driven by concerns over potential tightening in global sugar supplies, prompting short covering in sugar futures. This came after Pakistan announced plans to import 500,000 metric tons of sugar, and the Philippines confirmed it would import 424,000 metric tons.
