Morning Market Update – 23/05/2026
March NY world sugar #11 futures closed 1.34% lower at 14.70 cents/lb on May 22, 2026, while London white sugar #5 declined 0.58% to $442.40/tonne. Brent crude, ethanol and equities gained, while the Indian rupee strengthened and Brazilian real weakened against the US dollar.
Yesterday’s closing dated – 22/05/2026
◾London White Sugar #5 (SWQ26) – 442.40s (-2.60)
◾NYBOT Raw Sugar #11 (SBN26) – 14.70s (-0.20)
◾USD/BRL- 5.0374 (+0.0335)
◾USD/INR – 95.700 (-0.510)
◾Corn (ZCN26) – 463-2 (+1-0)
◾Ethanol Chicago $/gal – 1.97500s (+0.00500)
◾Brent Crude – $96.60/bbl (+0.25)
◾BSE Sensex – 75415.35 (+231.99)
◾NIFTY50 – 23719.30 (+64.60)
March NY world sugar #11 (SBN26) on Wednesday closed down -0.20 (-1.34%), and March London ICE white sugar #5 (SWQ26) closed down -2.60 (-0.58%)
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Source : ChiniMandi
