Yesterday’s closing dated – 17/07/2025
◾London White Sugar #5 (SWV25) – 484.00s (+5.50)
◾NYBOT Raw Sugar #11 (SBV25) – 16.74s (+0.18)
◾USD/BRL- 5.5449 (-0.0241)
◾USD/INR – 86.096 (+0.076)
◾Corn (ZCN25) – 412-6s (unch)
◾Ethanol Chicago $/gal – 1.78750s (+0.01500)
◾Brent Crude – $69.52/bbl (+1.00)
◾BSE Sensex – 82259.24 (-375.24)
◾NIFTY50 – 25,111.45 (-100.60)
October NY world sugar #11 (SBV25) Thursday closed up +0.18 (+1.09%), and October London ICE white sugar #5 (SWV25) closed up +5.50 (+1.15%).
Sugar prices rallied to 1.5-month highs Thursday and settled sharply higher on the outlook for stronger US sugar demand. President Trump on Wednesday said Coca-Cola agreed to use cane sugar in Coke beverages sold in the US instead of high-fructose corn syrup, which could boost US sugar consumption by +4.4% to 11.5 MMT from 11 MMT currently, according to Bloomberg Intelligence.
