Morning Sugar Market Update – 01/11/2025
Sugar futures saw modest gains, with raw sugar at 14.35s and white sugar at 416.10s. A weaker Brazilian real and ongoing strong supply from Brazil kept upside limited. Ethanol prices firmed slightly, while corn slipped. Crude oil rose marginally. Indian equity indices declined, with both Sensex and Nifty closing lower.
Yesterday’s closing dated – 31/10/2025
◾London White Sugar #5 (SWZ25) – 416.10s (+2.10)
◾NYBOT Raw Sugar #11 (SBH26) – 14.35s (+0.07)
◾USD/BRL- 5.3755 (-0.0052)
◾USD/INR – 88.733 (+0.128)
◾Corn (ZCZ25) – 427-6 (-2-4)
◾Ethanol Chicago $/gal – 1.71500s (+0.01500)
◾Brent Crude – $60.97/bbl (+0.40)
◾BSE Sensex – 83938.71 (-465.75)
◾NIFTY50 – 25722.10 (-155.75)
March NY world sugar #11 (SBH26) on Wednesday closed up +0.07 (+0.49%), and December London ICE white sugar #5 (SWZ25) closed up +2.10 (+0.51%).
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Source : Chinimandi
