Morning Market Update – 19/02/2026
Vietnam will mandate E10 gasoline nationwide from June 1, 2026 under Circular 50/2025/TT-BCT, impacting 80+ million vehicles. The Ministry of Industry and Trade says infrastructure is ready, but ethanol supply gaps and tax policies need adjustments. Petrolimex has piloted E10 and seeks lower import taxes to ease costs.
◾London White Sugar #5 (SWK26) – 407.90s (+5.40)
◾ NYBOT Raw Sugar #11 (SBH26) – 14.17s (+0.31)
◾USD/BRL-5.2229 (+0.0001)
◾USD/INR – 90.669 (+0.042)
◾Corn (ZCH26) – 427-2 (+0-2)
◾Ethanol Chicago $/gal – 1.64250s (+0.00250)
◾Brent Crude – $63.80/bbl (+1.54)
◾BSE Sensex – 83734.25 (+283.29)
◾NIFTY50 – 25819.35 (+93.95)
March NY world sugar #11 (SBH26) on Thursday closed up +0.31(+2.24%), and March London ICE white sugar #5 (SWH26) closed up +5.40 (+1.34%)
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Source : Chinimandi
