Morning Market Update – 16/05/2026
Global sugar prices declined on May 15, 2026, with NY raw sugar falling 1.27% and London white sugar down 0.99%. Weaker corn and ethanol prices pressured the market, while rising Brent crude oil prices and a stronger USD against the Brazilian real and Indian rupee influenced broader commodity sentiment.
Yesterday’s closing dated – 15/05/2026
◾London White Sugar #5 (SWQ26) – 438.50s (-4.40)
◾NYBOT Raw Sugar #11 (SBN26) – 14.80s (-0.19)
◾USD/BRL- 5.0560 (+0.0750)
◾USD/INR – 95.970 (+0.202)
◾Corn (ZCN26) – 455-6 (-11-6)
◾Ethanol Chicago $/gal – 1.91500s (-0.02000)
◾Brent Crude – $105.42/bbl (+4.25)
◾BSE Sensex – 75237.99 (-160.73)
◾NIFTY50 – 23643.50 (-46.10)
March NY world sugar #11 (SBN26) on Wednesday closed down -0.19 (-1.27%), and March London ICE white sugar #5 (SWQ26) closed down -4.40 (-0.99%)
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Source : ChiniMandi
