Sugar #11 May '28 (SBK28)
Sugar #11 Futures Market News and Commentary
July NY world sugar #11 (SBN26) on Monday closed up +0.39 (+2.77%), and Aug London ICE white sugar #5 (SWQ26) closed up +11.80 (+2.69%).
Monday’s gains added to last Friday’s rally of +0.93% in world sugar and +2.94% in London white sugar.Â
Sugar prices on Monday continued higher amid concerns that an emerging El Niño weather pattern could lead to a poor monsoon season in India, the world's second-largest sugar producer. Also, India's weather office recently lowered its cumulative rainfall estimate for the June-September monsoon season last Friday to 90% of the long-term average, down from a forecast of 92% issued in April.
Sugar prices have support from concerns that dry weather from an El Niño event could disrupt global sugar production. The emergence of an El Niño is likely to curb rainfall in Brazil, India, and Thailand, the world's three largest sugar-producing regions. The US National Oceanic and Atmospheric Administration (NOAA) estimates an 82% probabili... Read more
Barchart · Mon Jun 1, 5:24PM CDT
Cotton futures were up 36 to 62 points in most contracts on Monday. The US dollar index was $0.288 lower at $98.140. Crude Oil as up $5.26 at the close....
Barchart · Mon Jun 1, 2:00PM CDT
Corn, soybean, winter wheat, and cotton prices are slipping. Bulls are betting on a weather-market scare ahead.
Barchart · Mon Jun 1, 1:42PM CDT
July NY world sugar #11 (SBN26 ) on Monday closed up +0.39 (+2.77%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +11.80 (+2.69%). Monday’s gains...
Barchart · Mon Jun 1, 1:41PM CDT
July ICE NY cocoa (CCN26 ) on Monday fell by -28 (-0.71%), and July ICE London cocoa #7 (CAN26 ) fell by -11 (-0.37%). Monday's sell-off added to last...
Barchart · 31 seconds ago
Duke Energy has lagged behind the S&P 500 Index over the past year, and analysts remain somewhat optimistic about the stock’s growth potential.
Barchart · 22 minutes ago
Gilead Sciences has outperformed the healthcare sector, and analysts remain highly optimistic about the stock’s outlook
Barchart · Mon Jun 1, 11:57PM CDT
While Chubb has underperformed its industry peers recently, analysts remain moderately optimistic about the stock’s prospects.
Barchart · Mon Jun 1, 10:12PM CDT
Boston Scientific has considerably underperformed its sector peers recently, yet analysts remain highly optimistic about the stock’s prospects.
Barchart · Mon Jun 1, 9:32PM CDT
While TJX Companies has lagged behind its peers over the past year, analysts remain strongly optimistic about the stock’s prospects.
Barchart · Mon Jun 1, 8:51PM CDT
Eaton Corporation stock has slightly lagged the broader S&P 500 over the past year, but analysts remain fairly bullish about its prospects.
Barchart · Mon Jun 1, 7:49PM CDT
As Analog Devices has surpassed the S&P 500 Index over the past year, analysts are bullish about the stock’s prospects.
Barchart · Mon Jun 1, 6:30PM CDT
Lowe’s Companies raised its quarterly dividend by 4.2% to $1.25 per share, marking its 55th consecutive year of increases and reinforcing its status...
