Morning Market Update – 11/02/2026
Global sugar prices declined sharply, with London white sugar down 1.8% and NY raw sugar down 1.6%. Ethanol prices firmed, crude oil eased slightly, while Indian equities extended gains. The rupee strengthened against the dollar, offering marginal support to imports.
Yesterday’s closing dated – 10/02/2026
◾London White Sugar #5 (SWH26) – 398.10s (-7.30)
◾NYBOT Raw Sugar #11 (SBH26) – 14.12s (-0.23)
◾USD/BRL-5.1915 (0.0000)
◾USD/INR – 90.516 (-0.213)
◾Corn (ZCH26) – 429-2 (+0-4)
◾Ethanol Chicago $/gal – 1.63500s (+0.01000)
◾Brent Crude – $64.25/bbl (-0.11)
◾BSE Sensex – 84273.92 (+208.17)
◾NIFTY50 – 25935.15 (+67.85)
March NY world sugar #11 (SBH26) on Thursday closed down -0.23(-1.60%), and March London ICE white sugar #5 (SWH26) closed down -7.30 (-1.80%)
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Source : Chinimandi
