Yesterday’s closing dated – 11/06/2025
◾London White Sugar #5 (SWQ25) – 472.80s (+5.00)
◾NYBOT Raw Sugar #11 (SBN25) – 16.42s (-0.06)
◾USD/BRL- 5.5364 -0.0380
◾USD/INR – 85.408 -0.032
◾Corn (ZCN25) – 436-6 -0-2
◾Ethanol Chicago $/gal – 1.65250s -0.01250
◾Brent Crude – $69.77/bbl (+2.90)
◾BSE Sensex – 82,515.14 (+123.42)
◾NIFTY50 – 25,141.40 (+37.15)
On Wednesday, July NY world sugar #11 (SBN25) fell by -0.06 (-0.36%), while August London ICE white sugar #5 (SWQ25) rose by +5.00 (+1.07%).
Sugar prices ended the day mixed, continuing a downward trend that has lasted for two months. Last Friday, NY sugar reached its lowest level in four years for nearest-futures, while London sugar hit a 3-3/4 year low. Prices are under pressure due to forecasts of a global sugar surplus. In its May 22 biannual report, the USDA projected that global sugar production for 2025/26 will rise by 4.7% year-over-year to a record 189.318 million metric tons (MMT), resulting in a global surplus of 41.188 MMT, an increase of 7.5% from the previous year.
