Morning Market Update – 30/05/2026
Global sugar prices strengthened on 29 May 2026, with London white sugar rising 2.94% and New York raw sugar gaining 0.93%. Lower crude oil, weaker corn and ethanol prices, and declines in Indian equity markets contrasted with the positive movement in sugar futures.
Yesterday’s closing dated – 29/05/2026
◾London White Sugar #5 (SWQ26) – 438-20s (+12.50)
◾NYBOT Raw Sugar #11 (SBN26) – 14.06s (+0.13)
◾USD/BRL- 5.0368 (-0.0022)
◾USD/INR – 95.010 (-0.685)
◾Corn (ZCN26) – 446-6 (-9-0)
◾Ethanol Chicago $/gal – 2.00500s (-0.01000)
◾Brent Crude – $87.36/bbl (-1.54)
◾BSE Sensex – 74775.74 (-1092.06)
◾NIFTY50 – 23547.75 (-359.40)
March NY world sugar #11 (SBN26) on Wednesday closed up +0.13 (+0.93%), and March London ICE white sugar #5 (SWQ26) closed up +12.50 (+2.94%)
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Source : ChiniMandi
