Yesterday’s closing dated – 30/05/2025
◾London White Sugar #5 (SWQ25) – 476.10s (+2.50)
◾NYBOT Raw Sugar #11 (SBN25) – 17.05s (+0.05)
◾USD/BRL- 5.7227 (+0.0561)
◾USD/INR – 85.525 (+0.106)
◾Corn (ZCN25) – 444-0s (-3-0)
◾Ethanol Chicago $/gal – 1.73208s (-0.00042)
◾Brent Crude – $63.90/bbl (-0.25)
◾BSE Sensex – 81,451.01 (-182.01)
◾NIFTY50 – 24,750.70 (-82.90)
July NY world sugar #11 (SBN25) Friday closed up +0.05 (+0.29%), and August London ICE white sugar #5 (SWQ25) closed up +2.50 (+0.53%).
Sugar prices on Friday rose for a second day on fund short-covering spurred on by Thursday’s news that showed a decline in Brazil’s sugar production. 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.
