White Sugar #5 Mar '23 (SWH23)
White Sugar #5 Futures Market News and Commentary
July NY world sugar #11 (SBN26) on Tuesday closed up +0.28 (+1.90%), and Aug London ICE white sugar #5 (SWQ26) closed up +4.50 (+1.03%).
Sugar prices moved higher on Tuesday as Brazil's decision to announce new fuel subsidies to cushion the impact of soaring gasoline and diesel prices from the Iran war will support ethanol prices, which could prompt Brazil's sugar mills to divert more cane crushing toward ethanol production rather than sugar.
Sugar prices also have support on projections from the International Sugar Organization (ISO) that 2026/27 global sugar production will fall -1.15 y/y to 180 MMT, and that there will be a global sugar deficit of 262,000 MT, citing the potential impact of an El Niño weather pattern on harvests in India and Thailand.
On Monday, sugar prices fell to 1-week lows after the ISO forecast a record global sugar crop for the 2025/26 season and raised its global surplus estimate. Â The ISO forecasts 2025/26 global sugar production at a re... Read more
Barchart · 1 hour ago
July NY world sugar #11 (SBN26 ) on Tuesday closed up +0.28 (+1.90%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +4.50 (+1.03%). Sugar prices...
Barchart · 1 hour ago
July ICE NY cocoa (CCN26 ) on Tuesday closed up +116 (+3.06%), and July ICE London cocoa #7 (CAN26 ) closed up +88 (+3.06%). Cocoa prices settled sharply...
Barchart · 1 hour ago
July arabica coffee (KCN26 ) on Tuesday closed up +5.95 (+2.25%), and July ICE robusta coffee (RMN26 ) closed up +39 (+1.18%). Coffee prices erased early...
Barchart · Tue May 19, 12:23PM CDT
Cotton futures are trading with 69 to 136 point losses across the front months on Tuesday. The US dollar index is $0.110 higher at $99.215. Crude oil is...
Barchart · Tue May 19, 11:26AM CDT
July NY world sugar #11 (SBN26 ) today is up +0.37 (+2.51%), and Aug London ICE white sugar #5 (SWQ26 ) is up +9.00 (+2.06%). Sugar prices are climbing...
Barchart · Tue May 19, 11:11AM CDT
July ICE NY cocoa (CCN26 ) today is up +112 (+2.95%), and July ICE London cocoa #7 (CAN26 ) is up +77 (+2.68%). Cocoa prices are sharply higher today on...
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The dollar index (DXY00 ) on Tuesday rallied to a 6-week high, finishing up by 0.14%. The dollar moved higher on Tuesday as higher T-note yields are strengthening...
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Tiger Global significantly increased its Nvidia holdings, although the stock has delivered roughly 20% gains this year.
