Yesterday’s closing dated – 14/10/2025
◾London White Sugar #5 (SWZ25) – 450.80s (+6.80)
◾NYBOT Raw Sugar #11 (SBH26) – 15.88s (+0.27)
◾USD/BRL- 5.4822 (+0.0167)
◾USD/INR – 88.298 (-0.457)
◾Corn (ZCZ25) – 412-6 (-0-2)
◾Ethanol Chicago $/gal – 1.71500s (-0.04500)
◾Brent Crude – $62.39/bbl (-0.93)
◾BSE Sensex – 82029.98 (-297.07)
◾NIFTY50 – 25145.50 (-81.85)
March NY world sugar #11 (SBH26) on Tuesday closed up +0.27 (+1.73%), and December London ICE white sugar #5 (SWZ25) closed up +6.80 (+1.53%).
Sugar prices recovered from early losses on Tuesday and moved higher as a weaker dollar prompted short covering in sugar futures. On Tuesday, NY sugar initially fell to a 3-week low, and London sugar dropped to a 4.25-year nearest-futures low. The outlook for robust global sugar supplies is weighing on prices. On Monday, BMI Group projected a global 2025/26 sugar surplus of 10.5 MMT, and last Tuesday, Covrig Analytics projected a global 2025/25 sugar surplus of 4.1 MMT.
