Morning Market Update – 12/05/2026
Global sugar prices closed higher on May 11, 2026, with NY raw sugar rising 1.5% and London white sugar gaining 1.23%. Brent crude oil, corn and USD/INR also increased, while Indian equity markets declined sharply, with Sensex and NIFTY50 posting significant losses.
Yesterday’s closing dated – 11/05/2026
◾London White Sugar #5 (SWQ26) – 437.30s (+5.30)
◾NYBOT Raw Sugar #11 (SBN26) – 14.91s (+0.22)
◾USD/BRL- 4.8909 (-0.0028)
◾USD/INR – 95.408 (+0.115)
◾Corn (ZCK26) – 460-6 (+4-4)
◾Ethanol Chicago $/gal – 1.93000s (unch)
◾Brent Crude – $98.94/bbl (+0.87)
◾BSE Sensex – 76015.28 (-1312.91)
◾NIFTY50 – 23815.85 (-360.30)
March NY world sugar #11 (SBN26) on Wednesday closed up +0.22 (+1.50%), and March London ICE white sugar #5 (SWQ26) closed up +5.30 (+1.23%)
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Source : ChiniMandi
