Morning Market Update – 02/06/2026
Raw sugar futures rose 2.77% to 14.45 cents/lb and London white sugar gained 2.69% to $450/tonne on June 1, 2026. Meanwhile, corn, ethanol, crude oil and Indian equity markets declined, while the Brazilian real strengthened slightly against the US dollar.
Yesterday’s closing dated – 01/06/2026
◾London White Sugar #5 (SWQ26) – 450-00s (+11.80)
◾NYBOT Raw Sugar #11 (SBN26) – 14.45s (+0.39)
◾USD/BRL- 5.0265 (-0.0103)
◾USD/INR – 95.078 (+0.088)
◾Corn (ZCN26) – 441-4 (-2-4)
◾Ethanol Chicago $/gal – 1.98750s (-0.01750)
◾Brent Crude – $91.30/bbl (-0.86)
◾BSE Sensex – 74267.34 (-508.40)
◾NIFTY50 – 23382.60 (-165.15)
March NY world sugar #11 (SBN26) on Wednesday closed up +0.39 (+2.77%), and March London ICE white sugar #5 (SWQ26) closed up +11.80 (+2.69%)
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Source : ChiniMandi
