Morning Market Update – 03/07/2026
Global sugar markets closed mixed on July 2, with NY raw sugar falling 0.93% to 14.85¢/lb and London white sugar edging up to $483.10/t. Corn, ethanol, Brent crude and Indian equities gained, while USD/BRL and USD/INR eased slightly.
Yesterday’s closing dated – 02/07/2026
◾London White Sugar #5 (SWQ26) – 483.10s (+0.20)
◾NYBOT Raw Sugar #11 (SBV26) – 14.85s (-0.14)
◾USD/BRL- 5.2028 (-0.0047)
◾USD/INR – 95.388 (-0.002)
◾Corn (ZCN26) – 425-0 (+4-0)
◾Ethanol Chicago $/gal – 1.88000s (+0.01000)
◾Brent Crude – $69.02/bbl (+0.33)
◾BSE Sensex – 77502.12 (+579.48)
◾NIFTY50 – 24175.70 (+169.85)
March NY world sugar #11 (SBV26) on Wednesday closed down -0.14 (-0.93), and March London ICE white sugar #5 (SWQ26) closed up +0.20(+0.04%)
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Source : ChiniMandi
