Yesterday’s closing dated – 29/05/2025
◾London White Sugar #5 (SWQ25) – 473.60s (+2.20)
◾NYBOT Raw Sugar #11 (SBN25) – 17.00s (+0.10)
◾USD/BRL- 5.6666 (-0.0224)
◾USD/INR – 85.244 (-0.147)
◾Corn (ZCN25) – 447-4 (+0-4)
◾Ethanol Chicago $/gal – 1.73250s (-0.00250)
◾Brent Crude – $64.15/bbl (-0.75)
◾BSE Sensex – 81633.02 (+320.70)
◾NIFTY50 – 24833.60 (+81.15)
July NY world sugar #11 (SBN25) Thursday closed up +0.10 (+0.59%), and August London ICE white sugar #5 (SWQ25) closed up +2.20 (+0.47%).
Sugar prices on Thursday recovered from early losses and posted moderate gains as short covering emerged on signs of smaller sugar output in Brazil. Unica reported Thursday that Brazil’s 2025/26 Center-South sugar production for the first half of May fell -6.8% y/y to 2.408 MMT and that cumulative 2025/26 Brazil Center-South sugar output through mid-May is down by -22.7% y/y to 3.989 MMT.
