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Sugar #11 May '24 (SBK24)
[[ 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 Fri, Feb 23rd, 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 Finish Mixed on the Outlook for Bigger Domestic Supplies in India

March NY world sugar #11 (SBH24) on Thursday closed up +0.06 (+0.26%), and May London ICE white sugar #5 (SWK24) closed down -5.80 (-0.93%).

Sugar prices on Thursday settled mixed, with London sugar posting a 5-week low.  Sugar prices came under pressure Thursday after India's government said it has no plans to allow its sugar mills to divert more cane crushing to make ethanol, which should boost India's domestic sugar supplies.  NY sugar on Thursday recovered from a 5-week low and moved higher after a decline in the dollar index to a 2-1/2 week low sparked some short-covering in sugar futures.

Sugar has been under pressure over the past week from a significant increase in Brazil's sugar production.  Last Thursday, Unica reported that Brazil's Center-South sugar output jumped +68.5% y/y in the second half of January to 28,000 MT and that sugar output in the 2023/24 crop year through January rose +25.5% y/y to 42.129 MMT.  Meanwhile, more sugarcane is being crushed for su... Read more

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