Sugar #16 May '25 (SDK25)
Sugar #16 Futures Market News and Commentary
May NY world sugar #11 (SBK26) on Wednesday closed up +0.14 (+1.04%), and Aug London ICE white sugar #5 (SWQ26) closed up +1.70 (+0.40%).
Sugar prices settled higher on Wednesday, with London sugar posting a 1.5-week high. Â Short covering emerged in sugar futures on Wednesday as crude oil prices (CLM26) jumped more than +3%, which boosts ethanol prices and could prompt the world's sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus curbing sugar supplies.
The outlook for smaller Brazilian sugar output is supportive for prices. Â The USDA on Tuesday forecast Brazil's 2026/27 sugar production at 42.5 MMT, down -3% y/y, citing millers crushing more cane for ethanol than for sugar.
Signs of a smaller global sugar surplus are also supportive for prices. Â Covrig Analytics on Tuesday cut its 2026/27 global sugar surplus estimate to 800,000 MT from 1.4 MMT previously. Â On Monday, sugar trader Czarnikow cut its 2026/27 global sugar su... Read more
Barchart · 4 minutes ago
May ICE NY cocoa (CCK26 ) today is up +24 (+0.72%), and May ICE London cocoa #7 (CAK26 ) is up +14 (+0.56%). Cocoa prices are moving higher today on concern...
Barchart · 23 minutes ago
Cotton futures present a selling opportunity on more price weakness.
Barchart · 29 minutes ago
July arabica coffee (KCN26 ) today is up +9.00 (+3.11%), and May ICE robusta coffee (RMK26 ) is up +113 (+3.19%). Coffee prices are sharply higher today,...
Barchart · Thu Apr 23, 7:33AM CDT
Cotton price action is down 23 points in the May contracts, with others up 2 to 11 points so far on Thursday. Futures were under pressure on Wednesday,...
Barchart · Wed Apr 22, 5:10PM CDT
Cotton futures were under pressure on Wednesday, with contracts falling back 135 to 225 points across the front months. The US dollar index was 0.209 higher...
Barchart · Wed Apr 22, 1:28PM CDT
May NY world sugar #11 (SBK26 ) on Wednesday closed up +0.14 (+1.04%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +1.70 (+0.40%). Sugar prices...
Barchart · 1 minute ago
May ICE NY cocoa (CCK26 ) today is up +24 (+0.72%), and May ICE London cocoa #7 (CAK26 ) is up +14 (+0.56%). Cocoa prices are moving higher today on concern...
Barchart · 5 minutes ago
Evergy is expected to report its first-quarter results in May, and analysts expect a double-digit earnings increase.
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Allbirds’ stock skyrocketed dramatically after its AI pivot announcement. Should investors expect more?
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Micron is maintaining a strong rally driven by a demand-supply imbalance. Should investors consider entering the stock at current levels?
Barchart · 18 minutes ago
Home Depot is expected to release its fiscal first-quarter earnings later next month, and analysts project a single-digit profit drop.
Barchart · 20 minutes ago
Cotton futures present a selling opportunity on more price weakness.
Barchart · 26 minutes ago
July arabica coffee (KCN26 ) today is up +9.00 (+3.11%), and May ICE robusta coffee (RMK26 ) is up +113 (+3.19%). Coffee prices are sharply higher today,...
