White Sugar #5 May '25 (SWK25)
White Sugar #5 Futures Market News and Commentary
October NY world sugar #11 (SBV26) on Wednesday closed down -0.31 (-1.85%), and October London ICE white sugar #5 (SWV26) closed down -4.40 (-0.86%).
NY and London sugar prices on Wednesday rallied to new 1.25-year nearest-futures highs, but then fell back due to some long liquidation pressure.
The recent rally was sparked by concern about a weather-related decline in global sugar production. Due to drought and hot weather in Europe, sugar production in the European Union and the UK is set to decline to 14.98 MMT this year, the lowest level in 11 years, according to data from S&P Global Energy.
Lower sugar output in Brazil is also bullish for sugar prices after Unica reported last Thursday that Brazil Center-South June sugar production fell -26.3% y/y to 3.903 MMT. Brazil is the largest sugar-producing country in the world.
Sugar prices in August have surged due to the outlook for tighter future sugar supplies. Last Monday, Covrig Analytics said it now exp... Read more
Barchart · Wed Aug 12, 1:39PM CDT
October NY world sugar #11 (SBV26 ) on Wednesday closed down -0.31 (-1.85%), and October London ICE white sugar #5 (SWV26 ) closed down -4.40 (-0.86%)....
Barchart · Wed Aug 12, 1:38PM CDT
September ICE NY cocoa (CCU26 ) on Wednesday closed up +76 (+1.37%), and September ICE London cocoa #7 (CAU26 ) closed up +35 (+0.86%). Cocoa prices closed...
Barchart · Wed Aug 12, 1:37PM CDT
September arabica coffee (KCU26 ) on Wednesday closed up +4.35 (+1.30%), and September ICE robusta coffee (RMU26 ) closed down -13 (-0.34%). NY arabica...
Barchart · Wed Aug 12, 12:03PM CDT
October NY world sugar #11 (SBV26 ) is down -0.35 (-2.09%), and October London ICE white sugar #5 (SWV26 ) is down -4.10 (-0.80%). Sugar prices today fell...
Barchart · Wed Aug 12, 11:38AM CDT
Cotton futures are trading with contracts 60 to 70 points lower across most contracts so far on Wednesday. Crude oil is up just a penny per barrel, with...
Barchart · Wed Aug 12, 11:32AM CDT
September ICE NY cocoa (CCU26 ) is up +88 (+1.59%), and September ICE London cocoa #7 (CAU26 ) is up +35 (+0.86%). Cocoa prices are trading higher today,...
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