Morning Market Update – 31/05/2023

Yesterday’s closing dated –30/05/2023

◾London White Sugar – 706.80s (-1.70)
◾NYBOT Raw Sugar #11 – 25.33s (-0.04) 
◾USD/BRL – 5.0365 (0.0000)
◾USD/INR – 82.685 (+0.005
◾WTI Crude – 69.30 (-0.16)
◾BSE Sensex – 62969.13 (+122.75)
◾NIFTY50 – 18633.85 (+35.20)

News Highlights of May 30

Govt. fixes 23.50 LMT monthly sugar quota for domestic sale in June 2023

Pakistan: Sugar prices soar once again in Balochistan

Underutilization of land results to low sugarcane production in Fiji

Sustainability agenda: BPCL develops ethanol-diesel blend to lower emission

Uttar Pradesh: MLA meets sugarcane minister for pending cane dues

Vishwaraj Sugar Q4 revenue jumps 52 per cent

Ramgarh sugar mill makes full cane payment

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