Morning Sugar Market Update – 31/07/2025
Global sugar prices declined on July 30, 2025, with London White Sugar down $5.30 to $470/tonne and NY Raw Sugar falling 0.14¢ to 16.45¢/lb. The drop follows Brazil’s report of producing 3.4 million tonnes of sugar in 15 days, indicating strong global supply and pressuring market sentiment.
Yesterday’s closing dated – 30/07/2025
◾London White Sugar #5 (SWV25) – 470.00s (-5.30)
◾NYBOT Raw Sugar #11 (SBV25) – 16.45s (-0.14)
◾USD/BRL- 5.5695 (-0.0052)
◾USD/INR – 87.658 (-0.004)
◾Corn (ZCN25) – 412-6s (+9-6)
◾Ethanol Chicago $/gal – 1.74000s (+0.00250)
◾Brent Crude – $73.24/bbl (+0.73)
◾BSE Sensex – 81481.86 +143.91
◾NIFTY50 – 24855.06 (+33.95)
October NY world sugar #11 (SBV25) on Wednesday closed down -0.14 (-0.84%), and October London ICE white sugar #5 (SWV25) closed down -5.30 (-1.12%).
Sugar prices were under pressure Wednesday on signs of stronger global sugar production in Brazil after Brazil’s ministry of agriculture and livestock said that sugar output totaled almost 3.4 MMT over the last 15 days.
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Source : Chinimandi
