Yesterday’s closing dated – 27/06/2025
◾London White Sugar #5 (SWQ25) – 484.70s (+6.80)
◾NYBOT Raw Sugar #11 (SBN25) – 15.81s (+0.16)
◾USD/BRL- 5.4856 (-0.0034)
◾USD/INR – 85.455 (-0.185)
◾Corn (ZCN25) – 417-4s (+8-0)
◾Ethanol Chicago $/gal – 1.68000s (+0.03500)
◾Brent Crude – $67.77/bbl (+0.4)
◾BSE Sensex – 84,058.90 (+303.03)
◾NIFTY50 – 25,637.80 (+88.80)
July NY world sugar #11 (SBN25) Friday closed up +0.16 (+1.02%), and August London ICE white sugar #5 (SWQ25) closed up +6.80 (+1.42%).
Sugar prices moved sharply higher Friday as short-covering emerged after JPMorgan Chase revised its Brazil sugar outlook for 2025/26 to a deficit of -900,000 MT from a previous projection of a +200,000 MT surplus, citing disappointing yields and a low sucrose content in Brazil’s sugar harvest.
