Morning Market Update – 30/04/2026
Global markets saw strong gains in sugar, with raw sugar rising 4.04% and white sugar up 2.75%, supported by a surge in crude oil to $109.66. Ethanol and corn prices edged higher, while USD strengthened. Indian equities declined, reflecting cautious sentiment despite bullish trends in commodities and energy markets.
Yesterday’s closing dated – 29/04/2026
◾London White Sugar #5 (SWQ26) – 444.80s (+11.90)
◾NYBOT Raw Sugar #11 (SBK26) – 14.68s (+0.57)
◾USD/BRL- 4.9968 (+0.0217)
◾USD/INR – 95.235 (+0.385)
◾Corn (ZCH26) – 468-6 (+2-2)
◾Ethanol Chicago $/gal – 1.94000s (+0.00750)
◾Brent Crude – $109.66/bbl (+2.78)
◾BSE Sensex – 76886.91 (-416.72)
◾NIFTY50 – 23995.70 (-97.00)
March NY world sugar #11 (SBK26) on Wednesday closed up +0.57 (+4.04%), and March London ICE white sugar #5 (SWQ26) closed up +11.90 (+2.75%)
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Source : ChiniMandi
