Morning Market Update – 17/03/2026
Global markets ended mixed on March 16. Sugar prices declined, with London white sugar at 413.70 and New York raw sugar at 14.19. Meanwhile, crude oil surged above $95 per barrel, corn prices rose, and equity markets strengthened as the BSE Sensex and NIFTY50 posted strong gains. Currency markets saw a firmer rupee and weaker Brazilian real. 📊
Yesterday’s closing dated – 16/03/2026
◾London White Sugar #5 (SWK26) – 413.70s (-1.30)
◾NYBOT Raw Sugar #11 (SBK26) – 14.19s (-0.18)
â—¾USD/BRL-5.2315 (-0.0922)
◾USD/INR – 92.408 (+0.170)
◾Corn (ZCH26) – 458-4 (+4-4)
◾Ethanol Chicago $/gal – 1.86000s (-0.01500)
◾Brent Crude – $95.07/bbl (+2.51)
◾BSE Sensex – 75502.85 (+938.93)
◾NIFTY50 – 23408.80 (+257.70)
March NY world sugar #11 (SBK26) on Wednesday closed down -0.18 (-1.25%), and March London ICE white sugar #5 (SWK26) closed down -1.30 (-0.30%)
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Source : Chinimandi
