Morning Market Update – 08/04/2026
Global markets closed mixed on April 7, 2026. Sugar prices declined in both London and New York, while corn and ethanol also weakened. Brent crude saw a sharp drop, easing energy concerns. Meanwhile, Indian equities surged, with Sensex and Nifty posting strong gains. Currency movements remained stable with slight fluctuations.
Yesterday’s closing dated – 07/04/2026
◾London White Sugar #5 (SWK26) – 428.70s (-7.00)
◾NYBOT Raw Sugar #11 (SBK26) – 14.58s (-0.39)
◾USD/BRL-5.1539 (+0.0136)
◾USD/INR – 92.473 (-0.371)
◾Corn (ZCH26) – 444-2 (-4-6)
◾Ethanol Chicago $/gal – 1.97500s (-0.02750)
◾Brent Crude – $96.21/bbl (-16.70)
◾BSE Sensex – 74616.58(+509.73)
◾NIFTY50 – 23123.65 (+155.40)
March NY world sugar #11 (SBK26) on Wednesday closed down -0.39 (-2.61%), and March London ICE white sugar #5 (SWK26) closed down -7.00 (-1.61%)
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Source : Chinimandi
