Yesterday’s closing dated – 11/09/2025
◾London White Sugar #5 (SWV25) – 488.20s (-1.70)
◾NYBOT Raw Sugar #11 (SBV25) – 15.82s (-0.11)
◾USD/BRL- 5.3903 (-0.0184)
◾USD/INR – 88.343 (+0.100)
◾Corn (ZCU25) – 399-0s (+1-6)
◾Ethanol Chicago $/gal –2.025 (0.00)
◾Brent Crude – $66.37/bbl (-1.12)
◾BSE Sensex – 81548.73 (+123.58)
◾NIFTY50 – 25005.50 (+32.40)
October NY world sugar #11 (SBV25) on Thursday closed down -0.11 (-0.69%), and October London ICE white sugar #5 (SWV25) closed down -1.70 (-0.35%).
The pullback in prices followed a statement from the Indian Sugar and Bio-energy Manufacturers Association, which stated it urges government for permission to export 2 million metric tons (MMT) of sugar for the 2025/26 season, beginning in October. India, the world’s second-largest sugar producer, could potentially influence global sugar supply dynamics.
However, sugar prices did recover slightly from their lowest points as the Brazilian real (^USDBRL) surged to a 14-month high against the dollar. A stronger real typically makes Brazilian sugar exports less competitive, as it increases the price of sugar on international markets.
