Morning Market Update – 18/07/2026
Global sugar prices surged on 17 July 2026, with NY raw sugar rising 2.70% to 14.83 cents/lb and London white sugar gaining 3.37% to 469.90 USD/tonne. Brent crude, corn, Indian equities and ethanol prices also closed higher, supporting commodity market sentiment.
Yesterday’s closing dated – 17/07/2026
◾London White Sugar #5 (SWV26) – 469.90s (+15.30)
◾NYBOT Raw Sugar #11 (SBV26) – 14.83s (+0.39)
◾USD/BRL- 5.1122 (+0.0109)
◾USD/INR – 96.285 (-0.065)
◾Corn (ZCU26) – 444-6 (+3-2)
◾Ethanol Chicago $/gal – 1.89750s (+0.00250)
◾Brent Crude – $82.47/bbl (+3.52)
◾BSE Sensex – 78151.45 (+964.58)
◾NIFTY50 – 24334.30 (+261.55)
Oct. NY world sugar #11 (SBV26) on Wednesday closed up +0.39 (+2.70%), and Aug. London ICE white sugar #5 (SWV26) closed up +15.30 (+3.37%)
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Source : ChiniMandi