Morning Market Update – 03/04/2026
Global markets showed mixed movement on April 2, 2026, with sugar prices declining further in both London and New York. Crude oil eased slightly after recent gains, while corn and ethanol also dipped. The Indian rupee strengthened, and equity markets rose modestly, reflecting cautious optimism amid ongoing geopolitical and energy market volatility.
Yesterday’s closing dated – 02/04/2026
◾London White Sugar #5 (SWK26) – 435.70s (-6.40)
◾NYBOT Raw Sugar #11 (SBK26) – 15.00s (-0.29)
◾USD/BRL-5.1578 (+0.0027)
◾USD/INR – 92.704 (-0.248)
◾Corn (ZCH26) – 452-2 (-2-6)
◾Ethanol Chicago $/gal – 1.99500s (-0.03000)
◾Brent Crude – $111.54/bbl (-0.45)
◾BSE Sensex – 73319.55(+185.23)
◾NIFTY50 – 22713.10 (+33.70)
March NY world sugar #11 (SBK26) on Wednesday closed down -0.29 (-1.90%), and March London ICE white sugar #5 (SWK26) closed down -6.40 (-1.45%)
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Source : Chinimandi
