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.
or
Menu

Sugar #11 May '19 (SBK19)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
All Futures Contracts for [[ item.sessionDateDisplayLong ]]
[[ timeframe ]] futures price quotes as of Thu, Mar 21st, 2019.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.

Sugar #11 Futures Market News and Commentary

Sugar Prices Remain Under Pressure on Ample Global Supply

May NY world sugar #11 (SBK19) on Thursday closed down -0.24 (-1.88%) and May ICE London white sugar (SWK19) closed down -2.80 (-0.83%). Sugar prices moved lower Thursday for a third day with May London sugar at a 2-1/2 month low. Sugar prices continue to see negative carry-over from Tuesday's news that the All India Sugar Trade Association raised its 2018/19 sugar production estimate for India, now the world's largest sugar producer, to 32.6 MMT from a Jan estimate of 31.5 MMT and above the Indian Sugar Mills Association's estimate of 30.7 MMT. Also, India's Sugar Mills Association on Monday reported that India sugar production during Oct 1-Mar 15 rose +5.9% y/y to 27.35 MMT. Weakness in crude prices Thursday was another negative for sugar prices. Lower crude oil prices undercut ethanol prices and may prompt Brazil’s sugar mills to divert more cane crushing to sugar production than ethanol production, thus boosting sugar supplies. Sugar prices on Thursday were also undercut by weakness in the Brazilian real which fell to a 4-session low against the dollar, thus encouraging exports by Brazil's sugar producers.
  • Softs Report 03/20/19

    COTTON General Comments: Cotton was higher yesterday and prices took out resistance areas near 76.00 May. However, the rally above that level did not [...]...

  • Coffee Prices Stuck In 3 Week Consolidation

    Looking to buy

  • Softs Report 03/19/19

    COTTON General Comments: Cotton was lower yesterday and could not take out some important resistance areas near 76.00 May. Market bulls will try to [...]...

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Read About Upcoming
Changes to This Feature
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar