Morning Market Update – 16/04/2026
Sugar prices declined sharply on April 15, with NY raw sugar down 2.67% and London white sugar falling 1.76%, reflecting bearish sentiment. Meanwhile, corn and ethanol gained, crude edged higher, and Indian equities rallied strongly with Sensex and Nifty posting solid gains.
Yesterday’s closing dated – 15/04/2026
◾London White Sugar #5 (SWQ26) – 412.30s (-7.40)
◾NYBOT Raw Sugar #11 (SBK26) – 13.51s (-0.37)
◾USD/BRL-4.9936 (+0.0057)
◾USD/INR – 93.264 (-0.091)
◾Corn (ZCH26) – 451-4 (+2-0)
◾Ethanol Chicago $/gal – 1.91750s (+0.01250)
◾Brent Crude – $91.07/bbl (+0.38)
◾BSE Sensex – 78111.24 (+1263.67)
◾NIFTY50 – 24231.30 (+388.65)
March NY world sugar #11 (SBK26) on Wednesday closed down -0.37 (-2.67%), and March London ICE white sugar #5 (SWQ26) closed down -7.40 (-1.76%)
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Source : Chinimandi
