White Sugar #5 Mar '25 (SWH25)
White Sugar #5 Futures Market News and Commentary
October NY world sugar #11 (SBV26) on Friday closed up +0.39 (+2.70%), and October London ICE white sugar #5 (SWV26) closed up +15.30 (+3.37%).
Sugar prices settled sharply higher on Friday, with London sugar posting a 1-week high. Soaring crude oil prices on Friday spurred short covering in sugar futures. WTI crude oil (CLQ26) surged more than +4% on Friday at a 1-month high, which benefits ethanol prices and could potentially prompt global sugar mills to divert more cane crushing toward ethanol production than sugar, thus curbing sugar supplies.Â
On Thursday, sugar prices tumbled to 3-week lows amid an improvement in India’s monsoon rains. India’s Meteorological Department reported Friday that India’s cumulative monsoon rainfall was 24% below normal as of July 17, a substantial improvement from 42% below normal on June 30.
An excessively long position in London ICE sugar by funds can exacerbate any price downturn. Friday’s weekly Commitment of Traders (COT) da... Read more
Barchart · Fri Jul 17, 3:55PM CDT
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil...
Barchart · Fri Jul 17, 1:23PM CDT
October NY world sugar #11 (SBV26 ) on Friday closed up +0.39 (+2.70%), and October London ICE white sugar #5 (SWV26 ) closed up +15.30 (+3.37%). Sugar...
Barchart · Fri Jul 17, 1:22PM CDT
September ICE NY cocoa (CCU26 ) on Friday closed up +171 (+3.19%), and September ICE London cocoa #7 (CAU26 ) closed up +118 (+2.97%). Cocoa prices settled...
Barchart · Fri Jul 17, 1:21PM CDT
September arabica coffee (KCU26 ) on Friday closed up +7.70 (+2.46%), and September ICE robusta coffee (RMU26 ) closed up +80 (+2.11%). Coffee prices settled...
Barchart · Fri Jul 17, 12:00PM CDT
Cotton futures are pulling off the early Friday losses with contracts down 11 to 40 points across most contracts at midday. Crude oil is up another $3.07...
Barchart · Fri Jul 17, 11:26AM CDT
October NY world sugar #11 (SBV26 ) today is up +0.47 (+3.25%), and October London ICE white sugar #5 (SWV26 ) is up +16.70 (+3.67%). Sugar prices are...
Barchart · Fri Jul 17, 6:00PM CDT
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Barchart · Fri Jul 17, 3:55PM CDT
Soybeans rebounded from the Thursday losses to close Friday with a late push higher, up 4 ½ to 9 ½ cents. August was 12 ¾ cents in the green on the...
Barchart · Fri Jul 17, 3:55PM CDT
The wheat complex was in rally mode to close out the week, finishing higher in all three exchanges. Chicago SRW contracts were 4 ¾ to 9 ½ cents higher...
Barchart · Fri Jul 17, 3:55PM CDT
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil...
Barchart · Fri Jul 17, 3:55PM CDT
Lean hog futures posted mostly higher trad on Friday, with contracts up 25 cents to $1.37 at the close. August was up $2.65 this week. USDA’s national...
Barchart · Fri Jul 17, 3:55PM CDT
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240...
Barchart · Fri Jul 17, 3:55PM CDT
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5...