Morning Market Update – 07/08/2026
Global sugar futures rallied sharply on August 6, with NY Raw Sugar rising 2.77% and London White Sugar gaining 2.10%. Brent crude, corn, and Indian equities advanced, while Chicago ethanol declined slightly. USD/BRL remained unchanged and USD/INR strengthened.
Yesterday’s closing dated – 06/08/2026
◾London White Sugar #5 (SWV26) – 486.90s (+10.00)
◾NYBOT Raw Sugar #11 (SBV26) – 15.57s (+0.42)
◾USD/BRL- 5.1099 (0.0000)
◾USD/INR – 95.265 (+0.115)
◾Corn (ZCU26) – 441-6 (+2-6)
◾Ethanol Chicago $/gal – 1.94000s (-0.01250)
◾Brent Crude – $78.61/bbl (+1.32)
◾BSE Sensex – 78954.76 (+373.76)
◾NIFTY50 – 24636.00 (+11.35)
Oct. NY world sugar #11 (SBV26) on Wednesday closed up +0.42 (+2.77%), and Aug. London ICE white sugar #5 (SWV26) closed up +10.00 (+2.10%)
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Source : ChiniMandi
