White Sugar #5 Dec '24 (SWZ24)
White Sugar #5 Futures Market News and Commentary
July NY world sugar #11 (SBN26) on Wednesday closed unchanged, and Aug London ICE white sugar #5 (SWQ26) closed up +3.20 (+0.73%).
Sugar prices found support on Wednesday amid concerns that weak monsoon rains in India will lower sugar yields and reduce the country’s sugarcane harvest, the world’s second-largest. India’s Meteorological Department reported on Wednesday that India’s cumulative monsoon rainfall was 42% below normal as of June 24. India’s monsoon season runs from June through September.
NY sugar erased early gains on Wednesday and settled little changed after WTI crude oil prices (CLN26) fell to a 3.5-month low, undercutting ethanol prices. The weaker ethanol prices could potentially prompt the world’s sugar mills to divert cane crushing toward sugar production rather than ethanol, thus boosting sugar supplies.
On Monday, NY sugar fell to a 2-month low as the reopening of the Strait of Hormuz eased global supply disruptions. The reopening of the str... Read more
Barchart · 48 minutes ago
July NY world sugar #11 (SBN26 ) on Wednesday closed unchanged, and Aug London ICE white sugar #5 (SWQ26 ) closed up +3.20 (+0.73%). Sugar prices found...
Barchart · 50 minutes ago
September ICE NY cocoa (CCU26 ) on Wednesday closed up +328 (+7.06%), and July ICE London cocoa #7 (CAN26 ) closed up +246 (+7.05%). Cocoa prices extended...
Barchart · 51 minutes ago
September arabica coffee (KCU26 ) on Wednesday closed up +1.24 (+0.45%), and July ICE robusta coffee (RMN26 ) closed up +127 (+3.55%). Coffee prices extended...
Barchart · 1 hour ago
Cotton futures are trading with midweek losses of 146 to 190 points so far on Wednesday. Crude oil is down another $2.61/bbl to $70.60. The US dollar index...
Barchart · Wed Jun 24, 11:27AM CDT
July NY world sugar #11 (SBN26 ) today is up +0.05 (+0.37%), and Aug London ICE white sugar #5 (SWQ26 ) is up +2.70 (+0.61%). Sugar prices are moving higher...
Barchart · Wed Jun 24, 11:09AM CDT
September ICE NY cocoa (CCU26 ) today is up +337 (+7.26%), and July ICE London cocoa #7 (CAN26 ) is up +239 (+6.85%). Cocoa prices extended their two-week...
Barchart · 38 minutes ago
Mark Zuckerberg’s Meta AI hackathon meant to boost morale after layoffs drew employee backlash, with staff citing heavy workloads, job fears and “soul-crushing”...
Barchart · 44 minutes ago
July NY world sugar #11 (SBN26 ) on Wednesday closed unchanged, and Aug London ICE white sugar #5 (SWQ26 ) closed up +3.20 (+0.73%). Sugar prices found...
Barchart · 45 minutes ago
September ICE NY cocoa (CCU26 ) on Wednesday closed up +328 (+7.06%), and July ICE London cocoa #7 (CAN26 ) closed up +246 (+7.05%). Cocoa prices extended...
Barchart · 46 minutes ago
September arabica coffee (KCU26 ) on Wednesday closed up +1.24 (+0.45%), and July ICE robusta coffee (RMN26 ) closed up +127 (+3.55%). Coffee prices extended...
Barchart · 47 minutes ago
With significant opportunities in both AECs and optical networking, Credo is well-positioned to deliver solid growth.
Barchart · 50 minutes ago
Coinbase investors are focusing on July 17 as the upcoming CLARITY Act hearing could reshape crypto regulation and unlock new growth opportunities.
Barchart · 51 minutes ago
At one point, daily turnover in the rocket company’s equity was more than 3.5 times that of Nvidia, which routinely leads the global market in liquidity...
Barchart · 59 minutes ago
The offer will purchase senior notes up to 2038.