Morning Market Update – 29/04/2026
Global markets showed mixed signals on April 28, 2026, with sugar prices rising in both London and New York, supported by firm demand. Energy and equities weakened, while currencies showed slight volatility. Gains in sugar contrast with softer crude oil, ethanol, and stock indices, indicating diverging commodity-market trends.
Yesterday’s closing dated – 28/04/2026
◾London White Sugar #5 (SWQ26) – 432.90s (+5.80)
◾NYBOT Raw Sugar #11 (SBK26) – 14.11s (+0.28)
◾USD/BRL- 4.9751 (-0.0082)
◾USD/INR – 94.780 (+0.240)
◾Corn (ZCH26) – 465-4 (+0-2)
◾Ethanol Chicago $/gal – 1.93250s (-0.00750)
◾Brent Crude – $99.37/bbl (-0.56)
◾BSE Sensex – 76886.91 (-416.72)
◾NIFTY50 – 23995.70 (-97.00)
March NY world sugar #11 (SBK26) on Wednesday closed up +0.28 (+2.02%), and March London ICE white sugar #5 (SWQ26) closed up +5.80 (+1.36%)
To Read more about Sugar Industry continue reading Agriinsite.com
Source : ChiniMandi
