Morning Sugar Market Update – 29/11/2025
London white sugar fell slightly, while NY raw sugar rose to a 5-week high, supported by a stronger Brazilian real, which discourages Brazilian exports. Key market prices:
SWH26 at 435.50s, SBH26 at 15.21s, USD/BRL at 5.3424, USD/INR at 89.477, and corn at 435-4.
Yesterday’s closing dated – 28/11/2025
◾London White Sugar #5 (SWH26) – 435.50s (-1.00)
◾NYBOT Raw Sugar #11 (SBH26) – 15.21s (+0.07)
◾USD/BRL- 5.3424 (-0.0138)
◾USD/INR – 89.477 (+0.132)
◾Corn (ZCZ25) – 435-4 (+3-6)
◾Ethanol Chicago $/gal – 1.71000s (unch)
◾Brent Crude – $58.94/bbl (+0.29)
◾BSE Sensex – 85706.6 (-13.71)
◾NIFTY50 – 26202.95 (-12.60)
March NY world sugar #11 (SBH26) on Friday closed up +0.07 (+0.46%), and March London ICE white sugar #5 (SWH26) closed down -1.00 (-0.23%).
Sugar prices settled mixed on Friday, with NY sugar posting a 5-week high. Strength in the Brazilian real (^USDBRL) is supportive of sugar prices, as the real rose to a 1-week high against the dollar on Friday, discouraging export sales by Brazil’s sugar producers.
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Source : Chinimandi