Morning Market Update – 29/08/2026
Sugar and ethanol markets saw mixed movement on August 28, with NY raw sugar falling 3.46% to 17.56 cents/lb and London white sugar declining 1.89% to $540.40/t. Brent crude eased to $83.44/bbl, while the Sensex and Nifty gained 330.90 and 84.80 points, respectively.
Yesterday’s closing dated – 28/08/2026
◾London White Sugar #5 (SWV26) – 540.40s (-9.90)
◾NYBOT Raw Sugar #11 (SBV26) – 17.56s (-0.63)
◾USD/BRL- 5.1937 (+0.0322)
◾USD/INR – 95.575 (+0.035)
◾Corn (ZCU26) – 512-0 (+1-6)
◾Ethanol Chicago $/gal – 2.01000s (unch)
◾Brent Crude – $83.44/bbl (-0.09)
◾BSE Sensex – 77264.51 (+330.90)
◾NIFTY50 – 24175.65(+84.80)
Oct. NY world sugar #11 (SBV26) on Wednesday closed down -0.63 (-3.46%), and Aug. London ICE white sugar #5 (SWV26) closed down -9.90 (-1.89%)
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Source : ChiniMandi