Morning Market Update – 22/04/2026
Global markets showed mixed trends: London sugar gained while NY raw sugar edged lower. Crude oil stayed soft, supporting ethanol stability. Corn prices strengthened, and equities surged with strong gains in Sensex and NIFTY. Currency movements remained volatile, reflecting ongoing uncertainty across commodities, energy, and financial markets.
Yesterday’s closing dated – 21/04/2026
◾London White Sugar #5 (SWQ26) – 422.00s (+4.40)
◾NYBOT Raw Sugar #11 (SBK26) – 13.43s (-0.04)
◾USD/BRL-4.9539 (-0.0125)
◾USD/INR – 93.788 (+0.308)
◾Corn (ZCH26) – 455-6 (+2-0)
◾Ethanol Chicago $/gal – 1.90750s (unch)
◾Brent Crude – $89.49/bbl (-0.17)
◾BSE Sensex – 79273.33 (+753.03)
◾NIFTY50 – 246576.60 (+211.75)
March NY world sugar #11 (SBK26) on Wednesday closed down -0.04 (-0.30%), and March London ICE white sugar #5 (SWQ26) closed up +4.40 (+1.05%)
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Source : Chinimandi