Morning Market Update – 05/02/2026
Sugar prices ended lower on Feb 4, with March NY raw sugar down 1.3% and London white sugar off 1.39%, tracking weaker corn and ethanol despite a firmer crude oil market. A stronger BRL and mixed global risk sentiment kept pressure on sugar futures.
Yesterday’s closing dated – 04/02/2026
◾London White Sugar #5 (SWH26) – 411.80s (-5.80)
◾NYBOT Raw Sugar #11 (SBH26) – 14.44s (-0.19)
◾USD/BRL-5.2230 (-0.0157)
◾USD/INR – 90.293 (-0.101)
◾Corn (ZCH26) – 428-4 (-10)
◾Ethanol Chicago $/gal – 1.59250s (-0.01000)
◾Brent Crude – $63.35/bbl (+0.14)
◾BSE Sensex – 83817.69 (+78.56)
◾NIFTY50 – 25776.00 (+48.45)
March NY world sugar #11 (SBH26) on Thursday closed down -0.19(-1.30%), and March London ICE white sugar #5 (SWH26) closed down -5.80 (-1.39%)
To Read more about Sugar Industry continue reading Agriinsite.com
Source : Chinimandi
