Sugar #11 Mar '24 (SBH24)
Sugar #11 Futures Market News and Commentary
October NY world sugar #11 (SBV26) closed up +0.60 (+2.41%) today, and October London ICE white sugar #5 (SWV26) closed up +10.30 (+2.00%).
Sugar prices settled sharply higher on Thursday amid the outlook for smaller global sugar output. The European Union’s Sugar Market Observatory said Thursday that EU 2026/27 sugar production is expected to drop -19% y/y to 13.4 MMT. Also, Green Pool Commodity Specialists on Thursday projected a 2026/27 global sugar deficit of -3.2 MMT, and cut its global 2025/25 sugar surplus estimate to 4.85 MMT from a July estimate of 4.93 MMT.
Last Thursday, NY sugar posted a 15-month high, and London sugar posted a 17-month high on the prospects of tighter global supplies. India’s Directorate General of Foreign Trade said last Thursday it will allow up to 1 MMT of raw sugar imports into the country free of any taxes until October 31. The move is a further sign of the supply strain facing the global sugar market, as India is usually a sugar expo... Read more
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In this interview we examine the forces that are driving technical volatility and counter-seasonal price shifts across key agricultural commodities like...
Barchart · Thu Aug 27, 1:27PM CDT
October NY world sugar #11 (SBV26 ) closed up +0.60 (+2.41%) today, and October London ICE white sugar #5 (SWV26 ) closed up +10.30 (+2.00%). Sugar prices...
Barchart · Thu Aug 27, 1:26PM CDT
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Barchart · Thu Aug 27, 1:25PM CDT
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Barchart · Thu Aug 27, 11:58AM CDT
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Barchart · Thu Aug 27, 6:30PM CDT
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Barchart · Thu Aug 27, 5:01PM CDT
Lean hog futures posted modest gains of 10 to 52 cents on Thursday, as October was the lone holdout, down 27 cents. USDA’s national base hog price was...
Barchart · Thu Aug 27, 5:01PM CDT
Cotton futures rallied into the Thursday close, as December rallied above 90 cents. Contracts closed with gains of 304 to 329 points across the front months....
Barchart · Thu Aug 27, 5:01PM CDT
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Barchart · Thu Aug 27, 5:01PM CDT
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Barchart · Thu Aug 27, 5:01PM CDT
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Barchart · Thu Aug 27, 5:01PM CDT
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Barchart · Thu Aug 27, 4:57PM CDT
Pelosi bought call options on Intel along with shares of INTC stock.