Morning Market Update – 21/02/2026
Sugar prices rebounded on February 20, with ICE raw sugar rising to 14.30 cents and London white sugar gaining to 406.50 amid a weaker dollar and firm energy markets. Higher corn and ethanol prices also supported sentiment, while Indian equities ended higher, reflecting improved overall market confidence.
Yesterday’s closing dated – 20/02/2026
◾London White Sugar #5 (SWK26) – 406.50s (+3.30)
NYBOT Raw Sugar #11 (SBH26) – 14.30s (+0.23)
◾USD/BRL-5.2175 (+0.0071)
◾USD/INR – 90.935 (-0.083)
◾Corn (ZCH26) – 427-4 (+1-6)
◾Ethanol Chicago $/gal – 1.66750s (+0.00750)
◾Brent Crude – $66.18/bbl (-0.22)
◾BSE Sensex – 82814.71 (+318.57)
◾NIFTY50 – 25571.25 (+116.90)
March NY world sugar #11 (SBH26) on Thursday closed up +0.23 (+1.63%), and March London ICE white sugar #5 (SWH26) closed up +3.30 (+0.82%)
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Source : Chinimandi
