Morning Market Update – 05/03/2026
Sugar futures slipped on the Intercontinental Exchange, with Raw #11 at 13.73¢ and White #5 at $409.30. Brent crude jumped to $77.44, lifting ethanol, while corn edged lower. USD firmed against BRL and INR. Indian equities tumbled sharply, with Sensex and Nifty posting steep losses.
◾London White Sugar #5 (SWK26) – 409.30s (-5.10)
NYBOT Raw Sugar #11 (SBH26) – 13.73s (-0.20)
◾USD/BRL-5.2317 (-0.0458)
◾USD/INR – 91.663 (-0.434)
◾Corn (ZCH26) – 431-6 (-2-4)
◾Ethanol Chicago $/gal – 1.78250s (+0.00250)
◾Brent Crude – $77.44/bbl (+2.78)
◾BSE Sensex – 79116.19 (-1122.66)
◾NIFTY50 – 24480.50 (-385.20)
March NY world sugar #11 (SBH26) on Wednesday closed down -0.20 (-1.44%), and March London ICE white sugar #5 (SWH26) closed down -5.10 (-1.23%)
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Source : Chinimandi
