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 Mar '24 (SBH24)

[[ 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 ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Sugar #11 Futures Market News and Commentary

Sugar Prices Settle Mixed on Higher Brazil Sugar Production Estimates

July NY world sugar #11 (SBN24) on Thursday closed down -0.02 (-0.10%), and Aug London ICE white sugar #5 (SWQ24) closed up +2.70 (+0.47%).

Sugar prices Thursday settled mixed.  Thursday's action by Datagro to raise its sugar production estimate for Brazil's Center-South region is bearish for sugar prices.  Datagro hiked its 2024 Center-South sugar production estimate to 41.6 MMT from a March estimate of 40.45 MMT.  

Also, weakness in the Brazilian real (^USDBRL) is negative for sugar prices as the real Thursday fell to a 1-week low against the dollar.  The weaker real encourages export selling from Brazil's sugar producers.

On Tuesday, sugar prices rose to 3-week highs on signs of lower sugar output in India when the Indian Sugar and Bioenergy Manufacturers Association reported Monday that India's 2023/24 sugar production from Oct-Apr fell -1.6% y/y to 31.4 MMT as more sugar mills closed for the year and ended their sugarcane crush.  As of April 30, 516 Indian sug... Read more

Contract Specifications

See More
Contract
Sugar #11
Contract Size
112,000 pounds (50 long tonnes)
Tick Size
0.01 cents per pound ($11.20 per contract)
Trading Hours
2:30a.m. - 12:00p.m. (Settles 11:55a.m.) CST
Exchange
ICE/US
Point Value
$1,120
Margin/Maintenance
$2,217/2,016
First Notice Date
03/01/24
Expiration Date
02/29/24 (expired)

Seasonal Chart

Sugar #11 Mar '24
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of Apr 30, 2024

View Chart Details
Commercials - Long / Short
460,096 (+8,116)
489,916 (-1,214)
Non-Commercials - Long / Short
199,571 (+2,274)
159,266 (+7,070)
Producers - Long / Short
311,997 (+6,329)
343,918 (-1,981)
Swap Dealers - Long / Short
108,177 (+487)
106,076 (-533)
Managed Money - Long / Short
135,641 (-4,484)
129,435 (+8,406)
Other Reportables - Long / Short
63,930 (+6,758)
29,831 (-1,336)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
22.11 +2.13%
on 02/22/24
24.42 -7.53%
on 02/09/24
-0.95 (-4.04%)
since 01/29/24
3-Month
20.03 +12.73%
on 12/26/23
26.85 -15.90%
on 11/30/23
-4.28 (-15.93%)
since 11/29/23
52-Week
19.56 +15.44%
on 03/01/23
28.14 -19.76%
on 11/07/23
+2.98 (+15.20%)
since 02/28/23

More Sugar #11 Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Sugar Prices Settle Mixed on Higher Brazil Sugar Production Estimates

July NY world sugar #11 (SBN24 ) on Thursday closed down -0.02 (-0.10%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +2.70 (+0.47%). Sugar prices Thursday settled mixed. Thursday's action by...

SBN24 : 19.58s (-0.10%)
SWQ24 : 575.60s (+0.47%)
^USDBRL : 5.14160 (+1.00%)
Cocoa Prices Finish Higher on Global Cocoa Shortages

July ICE NY cocoa (CCN24 ) on Thursday closed up +61 (+0.71%), and July ICE London cocoa #7 (CAN24 ) closed up +39 (+0.52%). Cocoa prices recovered from early losses on Thursday and posted moderate gains....

CCN24 : 8,695s (+0.71%)
CAU24 : 7,012s (+0.52%)
Coffee Prices Climb on Insufficient Rain in Vietnam and Brazil

July arabica coffee (KCN24 ) on Thursday closed up +3.90 (+1.97%), and July ICE robusta coffee (RMN24 ) closed up +25 (+0.73%). Coffee prices on Thursday settled moderately higher. Insufficient rainfall...

KCN24 : 201.45s (+1.97%)
RMN24 : 3,439s (+0.73%)
Will World Sugar Futures Find a Bottom?

World sugar futures rose 2.69% in 2023 and were 9.43% higher in Q1 2024. In early Q2, the world sugar futures declined to below 20 cents per pound, the lowest price since early 2023. Given the price action...

CCN24 : 8,695s (+0.71%)
SBN24 : 19.58s (-0.10%)
CANE : 11.98 (-0.75%)
Cotton Heading Lower Despite Positive Export Sales Data

The cotton market continued to slide, as midday action had futures down 82 to 116 points on Thursday. That is despite a round of positive export data for the bulls. The outside market influences are helpful...

CTN24 : 78.60s (-1.82%)
CTV24 : 77.75s (-1.51%)
CTZ24 : 76.46s (-1.60%)
Sugar Prices Mixed on Higher Brazil Sugar Production Estimates

July NY world sugar #11 (SBN24 ) this morning is down -0.06 (-0.31%), and Aug London ICE white sugar #5 (SWQ24 ) is up +1.40 (+0.24%). Sugar prices today are mixed. Today's action by Datagro to raise...

SBN24 : 19.58s (-0.10%)
SWQ24 : 575.60s (+0.47%)
^USDBRL : 5.14160 (+1.00%)
Cocoa Prices Supported by Limited Global Supplies

July ICE NY cocoa (CCN24 ) this morning is up +36 (+0.42%), and July ICE London cocoa #7 (CAN24 ) is up +21 (+0.28%). Cocoa prices this morning recovered from early losses and are moderately higher. Extreme...

CCN24 : 8,695s (+0.71%)
CAU24 : 7,012s (+0.52%)
Insufficient Rain in Vietnam and Brazil Pushes Coffee Prices Higher

July arabica coffee (KCN24 ) this morning is up +2.60 (+1.32%), and July ICE robusta coffee (RMN24 ) is up +50 (+1.46%). Coffee prices this morning are moderately higher. Insufficient rainfall in Vietnam...

KCN24 : 201.45s (+1.97%)
RMN24 : 3,439s (+0.73%)
Cotton Slip Back Lower Ahead of Export Sales Release

The cotton market is trading down 93 to 141 Futures shot higher on Wednesday, closing 106 to 256 points higher as May rolled off the board. Cotton daily limits are expanding back to 4 cents (400 pts) due...

CTV24 : 77.75s (-1.51%)
CTZ24 : 76.46s (-1.60%)
Cotton Rallies on Wednesday

The cotton market shot higher on Wednesday, with futures closing 106 to 256 points higher as May rolled off the board. Cotton limits are reverting to 4 cents due to July creeping back in that 80 cent level....

CTN24 : 78.60s (-1.82%)
CTV24 : 77.75s (-1.51%)
CTZ24 : 76.46s (-1.60%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 25.04
2nd Resistance Point 24.51
1st Resistance Point 23.55
Last Price 22.58s
1st Support Level 22.06
2nd Support Level 21.53
3rd Support Level 20.57

See More

52-Week High 28.14
Fibonacci 61.8% 24.86
Fibonacci 50% 23.85
Fibonacci 38.2% 22.84
Last Price 22.58s
52-Week Low 19.56

See More

Solutions for Ag Professionals barchart.com/cmdty
Data and Statistics for Coffee and Cotton
Explore Data
cmdtyView Pro for Ag Professionals
Start Free Trial
We help Commodity Professionals make better decisions
Learn Now
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