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.
Join Barchart Premier and get daily trading ideas and historical data downloads. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or
Sugar #16 Mar '24 (SDH24)
[[ 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 ]]
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 #16 Futures Market News and Commentary

Sugar Prices Post Moderate Gains as ISO Raises its Global Sugar Deficit Estimate

March NY world sugar #11 (SBH24) on Wednesday closed up +0.17 (+0.71%), and May London ICE white sugar #5 (SWK24) closed up +3.30 (+0.52%).

Sugar prices on Wednesday extended this week's gains, with NY sugar posting a 2-week high and London sugar posting a 1-week high.  On Wednesday, sugar moved higher after the International Sugar Organization (ISO) more than doubled its 2023/24 global sugar deficit estimate to -689,000 MT from a November estimate of -335,000 MT.  Sugar also has carryover support from Monday when Sucden predicted that India's 2024/25 sugar production would fall -15.3% y/y to 28 MMT.    

Reduced sugar production in India is a bullish factor.  The Indian Sugar Mills Association (ISMA) reported last Monday that India's 2023/24 sugar output during the Oct to Feb 15 period fell -2.5% y/y to 22.4 MMT.   For the full marketing year, ISMA forecasts India's 2023/24 sugar production at 33.05 MMT, down -9.7% from 36.6 MMT in 2022/23.  India's Weather Department sa... Read more

Contract Specifications

See More
Contract
Sugar #16
Contract Size
112,000 pounds (50 long tonnes)
Tick Size
0.01 cents per pound ($11.20 per contract)
Trading Hours
8:00a.m. - 12:00p.m. (Settles 12:00p.m.) CST
Exchange
ICE/US
Point Value
$1,120
Margin/Maintenance
$2,241/2,038
First Notice Date
02/09/24
Expiration Date
02/08/24 (expired)

Seasonal Chart

Sugar #16 Mar '24
Average Price Chart for 5 Prior Mar Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
38.00 +5.26%
on 01/11/24
42.50 -5.88%
on 02/01/24
+1.00 (+2.56%)
since 01/08/24
3-Month
38.00 +5.26%
on 01/11/24
45.30 -11.70%
on 11/22/23
-5.28 (-11.66%)
since 11/08/23
52-Week
35.99 +11.14%
on 03/01/23
45.30 -11.70%
on 11/22/23
+4.01 (+11.14%)
since 02/08/23

More Sugar #16 Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Cotton Adds 2c to the Rally

The cotton market had gotten to the expanded 5 cent limit earlier in the session, but futures backed off for a mixed close on Wednesday. Old crop prices were up by 204 to 232 points, as new crop futures...

CTH24 : 103.07s (+2.30%)
CTK24 : 98.92 (-2.14%)
CTN24 : 97.50 (-2.23%)
Cocoa Prices Sharply Lower as Dollar Strength Sparks Long Liquidation

May ICE NY cocoa (CCK24 ) on Wednesday closed down -461 (-7.14%), and Mar ICE London cocoa #7 (CAH24 ) closed down -381 (-6.54%). Cocoa prices Wednesday sold off sharply, as a rally in the dollar index...

CCK24 : 5,994s (-7.14%)
CAK24 : 5,134s (-6.60%)
DXY00 : 103.861 (-0.11%)
Sugar Prices Post Moderate Gains as ISO Raises its Global Sugar Deficit Estimate

March NY world sugar #11 (SBH24 ) on Wednesday closed up +0.17 (+0.71%), and May London ICE white sugar #5 (SWK24 ) closed up +3.30 (+0.52%). Sugar prices on Wednesday extended this week's gains, with...

SBK24 : 22.69s (+0.04%)
SWK24 : 635.00s (+0.52%)
Coffee Prices Settle Lower as ICE Coffee Inventories Recover

May arabica coffee (KCK24 ) on Wednesday closed down -1.30 (-0.71%), and May ICE robusta coffee (RMK24 ) closed down -33 (-1.07%). Coffee prices on Wednesday settled moderately lower. A recovery in ICE-monitored...

KCK24 : 181.75s (-0.71%)
RMK24 : 3,044s (-1.07%)
Cotton Working Off Highs, Still +200 Points at Midday

The cotton market had gotten to the expanded 5 cent limit earlier in the session, but has backed off into midday. Futures are still trading 200 points higher so far for the day with May over the $1 mark....

CTH24 : 103.07s (+2.30%)
CTK24 : 98.92 (-2.14%)
CTN24 : 97.50 (-2.23%)
Cocoa Prices Sink as Dollar Strength Sparks Long Liquidation

May ICE NY cocoa (CCK24 ) this morning is down -469 (-7.27%), and Mar ICE London cocoa #7 (CAH24 ) is down -381 (-6.54%). Cocoa prices this morning are sharply lower, as a rally in the dollar index to...

CCK24 : 5,994s (-7.14%)
CAK24 : 5,134s (-6.60%)
Sugar Prices Push Higher as ISO Raises its Global Sugar Deficit Estimate

March NY world sugar #11 (SBH24 ) this morning is up +0.23 (+0.96%), and May London ICE white sugar #5 (SWK24 ) is up +3.90 (+0.62%). Sugar prices today extended this week's gains, with NY sugar posting...

SBK24 : 22.69s (+0.04%)
SWK24 : 635.00s (+0.52%)
Coffee Prices Slip as ICE Coffee Inventories Recover

May arabica coffee (KCK24 ) this morning is down -0.75 (-0.41%), and May ICE robusta coffee (RMK24 ) is down -23 (-0.75%). Coffee prices this morning are moderately lower. A recovery in ICE-monitored...

KCK24 : 181.75s (-0.71%)
RMK24 : 3,044s (-1.07%)
Cotton Futures Already Halfway to Expanded Limit Gain

Cotton is rallying again this morning with futures up by 333 of the 500 point limit into the Wednesday session. Nearby cotton prices closed with as much as 4 cent gains. The March contract finished 417...

CTH24 : 103.07s (+2.30%)
CTK24 : 98.92 (-2.14%)
CTN24 : 97.50 (-2.23%)
Old Crop Cotton Rallies a Limit

Nearby cotton prices closed with as much as 4 cent gains. The March contract finished 417 points higher as OI has dwindled to 39 contracts. The new crop contracts were 73 to 136 points higher led by the...

CTH24 : 103.07s (+2.30%)
CTK24 : 98.92 (-2.14%)
CTN24 : 97.50 (-2.23%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 40.00
2nd Resistance Point 40.00
1st Resistance Point 40.00
Last Price 40.00s
1st Support Level 40.00
2nd Support Level 40.00
3rd Support Level 40.00

See More

52-Week High 45.30
Fibonacci 61.8% 41.74
Fibonacci 50% 40.65
Last Price 40.00s
Fibonacci 38.2% 39.55
52-Week Low 35.99

See More

by Barchart
Solutions for Ag Professionals barchart.com/cmdty
Data and Statistics for Coffee and Cotton
Explore Data
cmdtyView Pro for Ag Professionals
Start Free Trial
We help Commodity Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar