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.
Stocks | Futures | Watchlist | More
or

Sugar #11 Oct '18 (SBV18)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
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 Closes Lower after the Brazilian Real Falls to a 3-Week Low

Mar NY world sugar #11 (SBH20) on Wednesday closed down -0.24 (-1.91%), and Dec ICE London white sugar #5 (SWZ19) closed down -5.90 (-1.70%). Sugar prices fell back Wednesday after the Brazilian real fell to a 3-week low against the dollar. A weak real encourages export selling by Brazil's sugar producers. Last Wednesday's sugarcane crushing data from Brazil's Center-South, the country's biggest sugar-producing region, was supportive for sugar prices after Unica reported that 35.1 MMT of total sugarcane was crushed in the second half of Sep, below expectations of 36.2 MMT. Also, Unica reported that total 2019/20 Brazil Center-South sugar output through Sep fell -2.4% y/y to 21.8 MMT. Unica projects that increased ethanol output in Brazil will cut Brazil 2019/20 Center-South sugar production by -5.7% y/y to a 14-year low of 25 MMT. Dec London sugar posted a 7-1/4 month nearest-futures high Oct 4 and Mar NY sugar rose to a 1-3/4 month high Oct 2 on the outlook for smaller future sugar supplies. Green Pool Commodity Specialists Oct 2y raised their 2019/20 global sugar deficit estimate to 5.3 MMT from an Aug estimate of -3.8 MMT. JPMorgan Sep 30 raised its 2019/20 global sugar deficit to -6.4 MMT, more than double a June projection for a -3.0 MMT global sugar deficit. JPMorgan also said sugar "is transitioning into a longer-term deficit phase" and projects that a global 2020/21 global sugar deficit will be a minimum -7.0 MMT. Dry conditions in Thailand, the world's fourth-largest sugar producer, are supportive for sugar prices after Maxar said Oct 1 that two-thirds of Thailand's sugar-growing regions received only 40% of average rain in the past month, which has stunted cane growth.

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 11:55a.m.) CST
Exchange
ICE/US
Point Value
$1,120
Margin/Maintenance
$1,047/952
First Notice Date
10/01/18
Expiration Date
09/28/18 (expired)

Seasonal Chart

Sugar #11 Oct '18
Average Price Chart for 5 Prior Oct Contracts

Commitment of Traders Positions as of Oct 8, 2019

View Chart Details
Commercials - Long / Short
496,715 (+43,536)
368,500 (+10,041)
Non-Commercials - Long / Short
177,756 (-31,172)
317,078 (-1,019)
Producers - Long / Short
281,168 (+22,216)
331,513 (+11,355)
Swap Dealers - Long / Short
192,265 (+19,348)
13,705 (-3,286)
Managed Money - Long / Short
120,819 (-12,989)
303,918 (-3,465)
Other Reportables - Long / Short
56,937 (-18,183)
13,160 (+2,446)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
9.83 +6.00%
on 09/27/18
11.80 -11.69%
on 09/13/18
+0.11 (+1.07%)
since 08/28/18
3-Month
9.83 +6.00%
on 09/27/18
12.29 -15.22%
on 06/29/18
-1.83 (-14.94%)
since 06/28/18
52-Week
9.83 +6.00%
on 09/27/18
15.49 -32.73%
on 11/27/17
-4.24 (-28.92%)
since 09/28/17

More Sugar #11 Quotes

All Futures
Please wait...

Most Recent Stories

More News
Cotton Posts Strong Gains on Wednesday

Cotton futures were up 90 to 103 points in the front months on Wednesday, following a reduction in crop condition ratings on Tuesday. Condition ratings were down 1% to 38% gd/ex, as the Brugler500 index...

Livestock Report

Hogs and feeders consolidate and cattle makes new high

Cocoa Prices Close Lower on an Unexpected Fall in European Cocoa Processing

Dec ICE NY cocoa (CCZ19) on Wednesday closed down -7 (-0.28%), and Dec ICE London cocoa #7 (CAZ19) closed down -12 (-0.62%). Cocoa prices on Wednesday closed lower on an unexpected decline in European...

Coffee Prices Settle Lower with Robusta Coffee at an 11-Year Low on Abundant Supplies

Dec arabica coffee (KCZ19) on Wednesday closed down -0.90 (-0.95%), and Jan ICE robusta coffee (DFF0) closed down -24 (-1.90%). Coffee prices fell back Wednesday with Dec arabica just above last Friday's...

Sugar Closes Lower after the Brazilian Real Falls to a 3-Week Low

Mar NY world sugar #11 (SBH20) on Wednesday closed down -0.24 (-1.91%), and Dec ICE London white sugar #5 (SWZ19) closed down -5.90 (-1.70%). Sugar prices fell back Wednesday after the Brazilian real fell...

Cotton Posting Gains at Midday

Cotton futures are up 51 to 79 points in most contracts at midday. The USDA Crop Progress report indicated that 87% of the US cotton crop had bolls open as of 10/13, 4% above normal. Harvest was 32% complete,...

Cocoa Prices Slip on an Unexpected Fall in European Cocoa Processing

Dec ICE NY cocoa (CCZ19) this morning is down -29 (-1.15%), and Dec ICE London cocoa #7 (CAZ19) is down -28 (-1.45%). Cocoa prices are weaker this morning on an unexpected decline in European cocoa processing....

Coffee Prices Slump with Robusta Coffee at an 11-Year Low on Abundant Supplies

Dec arabica coffee (KCZ19) this morning is down -1.75 (-1.85%), and Jan ICE robusta coffee (DFF0) is down -36 (-2.85%). Coffee prices are falling this morning with Dec arabica just above last Friday's...

Sugar Slides after the Brazilian Real Falls to a 3-Week Low Against the Dollar

Mar NY world sugar #11 (SBH20) this morning is down -0.26 (-2.07%), and Dec ICE London white sugar #5 (SWZ19) is down -5.40 (-1.55%). Sugar prices are moving lower this morning after the Brazilian real...

Softs Report 10/16/19

COTTON General Comments: Cotton was higher on what appeared to be speculative buying after holding support on the daily charts. Speculators hope China will [...]

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 56% Sell with a Weakest short term outlook on maintaining the current direction.

Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.

The market is approaching oversold territory. Be watchful of a trend reversal.

See More Share

Key Turning Points

2nd Resistance Point 10.78
1st Resistance Point 10.60
Last Price 10.42s
1st Support Level 10.12
2nd Support Level 9.82

See More

52-Week High 15.49
Fibonacci 61.8% 13.33
Fibonacci 50% 12.66
Fibonacci 38.2% 11.99
Last Price 10.42s
52-Week Low 9.83

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

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