Morning Market Update – 28/08/2026
Global sugar prices rallied on August 27, with NY raw sugar rising 3.41% to 18.19 cents and London white sugar gaining 2% to $524.30 per tonne. Corn also increased, while ethanol remained unchanged, Brent crude declined, and Indian equity markets closed lower.
Yesterday’s closing dated – 27/08/2026
◾London White Sugar #5 (SWV26) – 524.30s (+10.30)
◾NYBOT Raw Sugar #11 (SBV26) – 18.19s (+0.60)
◾USD/BRL- 5.1623 (0.0000)
◾USD/INR – 95.534 (-0.006)
◾Corn (ZCU26) – 513-0 (+2-6)
◾Ethanol Chicago $/gal – 2.02000s (unch)
◾Brent Crude – $83.13/bbl (-0.40)
◾BSE Sensex – 76933.59 (-539.35)
◾NIFTY50 – 24090.85(-116.90)
Oct. NY world sugar #11 (SBV26) on Wednesday closed up +0.60 (+3.41%), and Aug. London ICE white sugar #5 (SWV26) closed up +10.30 (+2.00%)
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Source : ChiniMandi