Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Join Barchart Premier for advanced OPTIONS screeners and volatility tools. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Sugar #11 Jul '24 (SBN24)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Sugar #11 Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Sugar #11 prices and Sugar #11 futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, Apr 16th, 2024.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Sugar #11 Historical Prices page.

Sugar #11 Futures Market News and Commentary

Sugar Prices Retreat on Improved Supply Prospects and Brazilian Real Weakness

May NY world sugar #11 (SBK24) on Tuesday closed down -0.39 (-1.95%), and Aug London ICE white sugar #5 (SWQ24) closed down -10.20 (-1.76%).

Sugar prices posted moderate losses on Tuesday, with NY sugar falling to a 15-month low and London sugar dropping to a 13-month low.  Improving supply prospects are hammering sugar prices.  Last Friday, Unica reported that Brazil's Center-South sugar output in the second half of March was 183,000 MT, up +9% from last year.  Also, Brazilian sugar output so far in the 2023-24 marketing year through March is up +25.7% y/y to 42.425 MMT.  Brazil's sugar mills have ramped up their cane crushing for more sugar and less ethanol.  Mills have crushed 48.87% of total cane for sugar production this year, up from 45.86% last year.

Weakness in the Brazilian real (^USDBRL) is also undercutting sugar prices as the real Tuesday sank to a 1-year low against the dollar.  The weaker real encourages export selling by Brazil's sugar producers.

Als... Read more

Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar