Sugar #16 Nov '26 (SDX26)
Sugar #16 Futures Market News and Commentary
October NY world sugar #11 (SBV26) closed up +0.32 (+1.85%) on Wednesday, and October London ICE white sugar #5 (SWV26) closed down -3.00 (-0.58%).
Sugar prices settled mixed on Wednesday, with London sugar falling to a 1.5-week low. NY sugar found support Wednesday on signs of lower sugar production in France, Europe’s largest producer, after the French association of sugar beet and sugar producers (AIBS) said French sugar output this year is seen slumping more than -20% below the five-year average because of prolonged drought and heat.
However, London sugar prices slipped on Wednesday amid speculation that India will import less sugar than previously estimated. People familiar with the matter said India’s sugar refiners will divert 350,000 MT of sugar into the local market to ease a supply crunch, below the 1 MMT quota approved by the Indian government.
Last Thursday, NY sugar posted a 15-month high, and London sugar posted a 17-month high on the prospects of... Read more
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Barchart · Wed Aug 26, 1:26PM CDT
October NY world sugar #11 (SBV26 ) closed up +0.32 (+1.85%) on Wednesday, and October London ICE white sugar #5 (SWV26 ) closed down -3.00 (-0.58%). Sugar...
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October NY world sugar #11 (SBV26 ) is up +0.27 (+1.56%) today, and October London ICE white sugar #5 (SWV26 ) is down -8.90 (-1.72%). Sugar prices are...
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