Morning Market Update – 06/05/2026
Global sugar prices rose moderately, supported by currency movements, while crude oil, ethanol, and corn prices declined. The US dollar weakened slightly against key currencies. Indian equity markets ended lower, reflecting cautious sentiment, while overall commodity markets showed mixed trends.
Yesterday’s closing dated – 05/05/2026
◾London White Sugar #5 (SWQ26) – 452.20s (+5.70)
◾NYBOT Raw Sugar #11 (SBK26) – 15.37s (+0.08)
◾USD/BRL- 4.9110 (-0.0518)
◾USD/INR – 94.972 (-0.151)
◾Corn (ZCH26) – 463-0 (-2-4)
◾Ethanol Chicago $/gal – 2.01000s (-0.02000)
◾Brent Crude – $100.34/bbl (-1.93)
◾BSE Sensex – 77017.79 (-251.61)
◾NIFTY50 – 24032.80 (-86.50)
March NY world sugar #11 (SBK26) on Wednesday closed up +0.08 (+0.52%), and March London ICE white sugar #5 (SWQ26) closed up +5.70 (+1.28%)
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Source : ChiniMandi
