White Sugar #5 Aug '22 (SWQ22)
White Sugar #5 Futures Market News and Commentary
July NY world sugar #11 (SBN26) on Wednesday closed down -0.56 (-3.64%), and Aug London ICE white sugar #5 (SWQ26) closed down -15.00 (-3.32%).
Sugar prices settled sharply lower on Wednesday, with London sugar falling to a 1-week low. Â Wednesday's -4% plunge in gasoline prices (RBM26) undercut ethanol prices and weighed on sugar prices. Â According to Covrig Analytics, falling ethanol prices are already prompting Brazilian sugar mills to divert sugarcane away from ethanol production toward sugar, as sugar prices are currently 0.7 to 1 cent per pound more profitable to produce than ethanol. Â
On Tuesday, sugar prices soared to 5-week highs on concerns that future global sugar supplies will shrink. Â Last Friday, Green Pool Commodity Specialists raised their global 2026/27 sugar deficit estimate to -4.30 MMT from -1.66 MMT, citing a shift toward higher ethanol production at the expense of sugar.
The recent surge in gasoline prices to a 3.75-year high is also bullish... Read more
Barchart · 1 hour ago
Cotton futures closed the Wednesday session with contracts down 31 to 75 points. The US dollar index was $0.420 lower at $97.890. Crude oil was down $6.06...
Barchart · Wed May 6, 1:24PM CDT
July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.56 (-3.64%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -15.00 (-3.32%). Sugar...
Barchart · Wed May 6, 1:22PM CDT
July ICE NY cocoa (CCN26 ) on Wednesday closed up +61 (+1.50%), and July ICE London cocoa #7 (CAN26 ) closed up +37 (+1.21%). Cocoa prices extended this...
Barchart · Wed May 6, 1:21PM CDT
July arabica coffee (KCN26 ) on Wednesday closed down -5.90 (-2.04%), and July ICE robusta coffee (RMN26 ) closed up +35 (+1.04%). Coffee prices on Wednesday...
Barchart · Wed May 6, 12:22PM CDT
Cotton futures are trading with 62 to 188 point losses in the front months on Wednesday. May expires at the close. The US dollar index is $0.405 lower...
Barchart · Wed May 6, 11:24AM CDT
July NY world sugar #11 (SBN26 ) today is down -0.48 (-3.12%), and Aug London ICE white sugar #5 (SWQ26 ) is down -13.10 (-2.90%). Sugar prices are sharply...
Barchart · 1 hour ago
Moderna has notably outperformed the broader market over the past year, yet Wall Street analysts maintain a cautious outlook about the stock’s prospects....
Barchart · 1 hour ago
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down...
Barchart · 1 hour ago
Cotton futures closed the Wednesday session with contracts down 31 to 75 points. The US dollar index was $0.420 lower at $97.890. Crude oil was down $6.06...
Barchart · 1 hour ago
Soybeans closed the Wednesday session with contracts falling 10 to 16 ¾ cents. The cmdtyView national average Cash Bean price was down 16 1/2 cents at...
Barchart · 1 hour ago
Corn futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. The CmdtyView national...
Barchart · 1 hour ago
The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek...
Barchart · 1 hour ago
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257....
Barchart · Wed May 6, 3:40PM CDT
CoreWeave’s Q1 will reflect solid top-line growth as demand for its high-performance computing infrastructure remains solid.
