Morning Market Update – 08/08/2026
Global sugar markets surged, with NY Raw Sugar #11 rising 5.65% to 16.45 and London White Sugar #5 gaining 3.39% to 503.40. Chicago ethanol increased, while Brent crude, Sensex and NIFTY50 declined; corn remained unchanged.
Yesterday’s closing dated – 07/08/2026
◾London White Sugar #5 (SWV26) – 503.40s (+16.50)
◾NYBOT Raw Sugar #11 (SBV26) – 16.45s (+0.88)
◾USD/BRL- 5.0813 (-0.0289)
◾USD/INR – 95.133 (-0.017)
◾Corn (ZCU26) – 439-0 (unch)
◾Ethanol Chicago $/gal – 1.96500s (+0.02500)
◾Brent Crude – $77.08/bbl (-0.21)
◾BSE Sensex – 78499.17 (-455.59)
◾NIFTY50 – 24570.65 (-65.35)
Oct. NY world sugar #11 (SBV26) on Wednesday closed up +0.88 (+5.65%), and Aug. London ICE white sugar #5 (SWV26) closed up +16.50 (+3.39%)
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Source : ChiniMandi