Morning Market Update – 03/06/2026
Global sugar prices eased on June 2, with New York raw sugar falling 0.48% and London white sugar declining 0.93%. Lower sugar, corn and ethanol prices contrasted with higher crude oil and Indian equity markets, while the Brazilian real strengthened against the US dollar.
Yesterday’s closing dated – 02/06/2026
◾London White Sugar #5 (SWQ26) – 445-80s (-4.20)
◾NYBOT Raw Sugar #11 (SBN26) – 14.38s (-0.07)
◾USD/BRL- 5.0055 (-0.0210)
◾USD/INR – 95.610 (+0.350)
◾Corn (ZCN26) – 439-6 (-0-6)
◾Ethanol Chicago $/gal – 1.95750s (-0.03000)
◾Brent Crude – $94.89/bbl (+1.13)
◾BSE Sensex – 74649.84 (+382.50)
◾NIFTY50 – 23483.55 (+100.95)
March NY world sugar #11 (SBN26) on Wednesday closed down -0.07 (-0.48%), and March London ICE white sugar #5 (SWQ26) closed down -4.20 (-0.93%)
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Source : ChiniMandi