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.
Never miss an Options trading signal: Unusual Options Activity and Options Screeners with Barchart Premier. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Sugar #11 Oct '23 (SBV23)

[[ 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 Slide as the Supply Situation Improves

July NY world sugar #11 (SBN24) on Friday closed down -0.20 (-1.09%), and Aug London ICE white sugar #5 (SWQ24) closed down -1.50 (-0.28%).

Sugar prices posted moderate losses on Friday but remained above Thursday's significant lows.  NY sugar on Thursday fell to a 1-1/2 year nearest-futures low, and London sugar dropped to a 1-1/4 year low on the outlook for ample global sugar supplies.

Ramped-up sugar production in Brazil is hammering sugar prices.  Unica reported Wednesday that Brazil's sugar production in the second half of April jumped +84.0% y/y to 1,843 MMT, and for the 2024/25 marketing year (Apr-Mar) sugar production rose +65.9% y/y to 2.558 MMT.  Brazil's sugar mills have boosted their cane crushing for sugar at the expense of ethanol production as they crushed 46.96% of sugarcane this year for sugar, up from 41.42% of cane used last year.

For the 2023/24 marketing year that just ended, Unica reported on April 19 that Brazilian sugar output rose +25.7% y/... 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 12:00p.m.) CST
Exchange
ICE/US
Point Value
$1,120
Margin/Maintenance
$2,217/2,016
First Notice Date
10/02/23
Expiration Date
09/29/23 (expired)

Seasonal Chart

Sugar #11 Oct '23
Average Price Chart for 5 Prior Oct Contracts

Commitment of Traders Positions as of May 14, 2024

View Chart Details
Commercials - Long / Short
439,623 (+1,411)
451,082 (-12,306)
Non-Commercials - Long / Short
209,791 (+9,728)
183,900 (+12,398)
Producers - Long / Short
300,967 (+8,475)
308,014 (-8,060)
Swap Dealers - Long / Short
106,625 (+1,053)
111,037 (+3,871)
Managed Money - Long / Short
135,567 (+1,386)
151,079 (+11,790)
Other Reportables - Long / Short
74,224 (+8,342)
32,821 (+608)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
25.02 +5.00%
on 08/31/23
27.62 -4.89%
on 09/19/23
+0.82 (+3.22%)
since 08/29/23
3-Month
22.17 +18.49%
on 06/30/23
27.62 -4.89%
on 09/19/23
+4.19 (+18.98%)
since 06/29/23
52-Week
16.23 +61.86%
on 10/31/22
27.62 -4.89%
on 09/19/23
+9.67 (+58.25%)
since 09/29/22

More Sugar #11 Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Sugar Prices Slide as the Supply Situation Improves

July NY world sugar #11 (SBN24 ) on Friday closed down -0.20 (-1.09%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -1.50 (-0.28%). Sugar prices posted moderate losses on Friday but remained...

SBN24 : 18.13s (-1.09%)
SWQ24 : 534.70s (-0.28%)
Cocoa Prices End Lower on the Outlook for Beneficial Rain in West Africa

July ICE NY cocoa (CCN24 ) on Friday closed down -45 (-0.61%), and July ICE London cocoa #7 (CAN24 ) closed down -108 (-1.73%). Cocoa prices settled moderately lower on Friday due to the outlook for much-needed...

CCN24 : 7,348s (-0.61%)
CAU24 : 5,772s (-1.55%)
Coffee Closes Sharply Higher as Crop Concerns Spark Fund Buying

July arabica coffee (KCN24 ) on Friday closed up +8.70 (+4.40%), and July ICE robusta coffee (RMN24 ) closed up +98 (+2.87%). Coffee prices Friday rallied to 2-week highs and finished sharply higher. ...

KCN24 : 206.60s (+4.40%)
RMN24 : 3,518s (+2.87%)
^USDBRL : 5.10460 (-0.49%)
Cotton Slipping Back Lower on Friday

The cotton market is back to heading lower into the weekend, as midday losses are 10 to 39 points in the nearby contracts. The outside market factors are a mixed bag, with crude oil up another 31 cents...

CTN24 : 75.89s (-0.46%)
CTV24 : 75.82s (-0.50%)
CTZ24 : 74.97s (-0.29%)
Sugar Prices Weighed Down on the Outlook for Robust Sugar Supplies

July NY world sugar #11 (SBN24 ) today is down -0.23 (-1.25%), and Aug London ICE white sugar #5 (SWQ24 ) is down -2.70 (-0.50%). Sugar prices today are moderately lower but remain above Thursday's significant...

SBN24 : 18.13s (-1.09%)
SWQ24 : 534.70s (-0.28%)
Cocoa Prices Slip on Expectations for Needed Rain in West Africa

July ICE NY cocoa (CCN24 ) today is down -39 (-0.53%), and July ICE London cocoa #7 (CAN24 ) is down -109 (-1.75%). Cocoa prices today are moderately lower. Cocoa recovered from its worst levels today...

CCN24 : 7,348s (-0.61%)
CAU24 : 5,772s (-1.55%)
Coffee Climbs on Scant Rainfall in Brazil and Vietnam

July arabica coffee (KCN24 ) today is up +6.85 (+3.46%), and July ICE robusta coffee (RMN24 ) is up +82 (+2.40%). Coffee prices today are sharply higher and posted 2-week highs. Insufficient rainfall...

KCN24 : 206.60s (+4.40%)
RMN24 : 3,518s (+2.87%)
^USDBRL : 5.10460 (-0.49%)
European Commodities: Cocoa Prices Are Crashing, But Not on Fundamentals

UK natural gas fell this week, but remains stuck in a range, while corn is trending higher on lower volatility. Meanwhile, traders can expect the cocoa market to stay unpredictable for now, with record-low...

CAN24 : 6,121s (-1.73%)
XBM24 : 213.50s (unch)
P0Y00 : 10,424.00s (+2.01%)
P8Y00 : 19,797.00s (+1.58%)
SWQ24 : 534.70s (-0.28%)
NFM24 : 74.360s (+1.82%)
RMN24 : 3,518s (+2.87%)
Cotton Mixed to Begin Friday

The cotton market is trading mixed this morning with contracts anywhere from 10 points lower to 29 points higher. They were back up on Thursday to post gains of 83 to 105 points at the close. The outside...

CTN24 : 75.89s (-0.46%)
CTV24 : 75.82s (-0.50%)
CTZ24 : 74.97s (-0.29%)
Cocoa Nears Bearish ABCD Pattern

Downside target zones at 5898-5526 and 4600-3611.

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 27.25
2nd Resistance Point 27.02
1st Resistance Point 26.65
Last Price 26.27s
1st Support Level 26.05
2nd Support Level 25.82
3rd Support Level 25.45

See More

52-Week High 27.62
Last Price 26.27s
Fibonacci 61.8% 23.27
Fibonacci 50% 21.92
Fibonacci 38.2% 20.58
52-Week Low 16.23

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