Morning Market Update – 07/07/2026
Global sugar futures strengthened on July 6, with NYBOT Raw Sugar #11 rising 2.49% to 15.22 cents/lb and London White Sugar #5 gaining 0.62% to $488.40/tonne. Higher ethanol and crude oil prices supported market sentiment despite mixed moves in corn and currency markets.
Yesterday’s closing dated – 06/07/2026
◾London White Sugar #5 (SWQ26) – 488.40s (+3.00)
◾NYBOT Raw Sugar #11 (SBV26) – 15.22s (+0.37)
◾USD/BRL- 5.1286 (-0.0400)
◾USD/INR – 95.442 (+0.052)
◾Corn (ZCN26) – 439-4 (-1-2)
◾Ethanol Chicago $/gal – 1.90000s (+0.02000)
◾Brent Crude – $69.00/bbl (+0.45)
◾BSE Sensex – 78285.07 (+521.16)
◾NIFTY50 – 24430.35 (+159.50)
March NY world sugar #11 (SBV26) on Wednesday closed up +0.37 (+2.49), and March London ICE white sugar #5 (SWQ26) closed up +3.00(+0.62%)
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Source : ChiniMandi
