Morning Market Update – 18/03/2026
March raw sugar futures on the Intercontinental Exchange (NY #11) closed at 14.45 cents/lb, up 0.26, while London white sugar #5 rose to 426.00 $/tonne, gaining 12.30. Currency movement saw the Brazilian Real strengthen slightly against the US dollar, while energy markets were mixed with Brent Crude Oil falling to $92.60 per barrel.
Yesterday’s closing dated – 17/03/2026
◾London White Sugar #5 (SWK26) – 426.00s (+12.30)
◾NYBOT Raw Sugar #11 (SBK26) – 14.45s (+0.26)
◾USD/BRL-5.1929 (-0.0386)
◾USD/INR – 92.403 (+0.028)
◾Corn (ZCH26) – 452-2 (-1-6)
◾Ethanol Chicago $/gal – 1.89000s (+0.03000)
◾Brent Crude – $92.60/bbl (-2.93)
◾BSE Sensex – 75502.85 (+938.93)
◾NIFTY50 – 23408.80 (+257.70)
March NY world sugar #11 (SBK26) on Wednesday closed up +0.26 (+1.83%), and March London ICE white sugar #5 (SWK26) closed up +12.30 (+2.97%)
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Source : Chinimandi
