Morning Market Update – 28/05/2026
Global sugar prices declined sharply on May 27, with London White Sugar falling 1.63% to 429.80 and NY Raw Sugar dropping 2.75% to 14.14. Brent crude rose to $92.51 per barrel, while Indian equity markets closed slightly lower amid continued volatility in commodities and currencies.
Yesterday’s closing dated – 27/05/2026
◾London White Sugar #5 (SWQ26) – 429-80s (-7.10)
◾NYBOT Raw Sugar #11 (SBN26) – 14.14s (-0.40)
◾USD/BRL- 5.0590 (+0.0248)
◾USD/INR – 95.700 (0.00)
◾Corn (ZCN26) – 454-0 (+1-4)
◾Ethanol Chicago $/gal – 1.95500s (-0.00500)
◾Brent Crude – $92.51/bbl (+3.83)
◾BSE Sensex – 75867.80 (-141.90)
◾NIFTY50 – 23907.15 (-6.55)
March NY world sugar #11 (SBN26) on Wednesday closed down -0.40 (-2.75%), and March London ICE white sugar #5 (SWQ26) closed down -7.10 (-1.63%)
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Source : ChiniMandi
