Is the rally in sugar being caused by the situation in Iran? More importantly, is the sugar market even rallying?
May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.20 (-1.44%), and May London ICE white sugar #5 (SWK26 ) closed down -5.10 (-1.23%). Sugar prices retreated on Wednesday as the outlook for a...
May ICE NY cocoa (CCK26 ) on Wednesday closed up +45 (+1.49%), and May ICE London cocoa #7 (CAK26 ) closed up +34 (+1.59%). Cocoa prices settled higher on Wednesday, recovering from Monday's significant...
May arabica coffee (KCK26 ) on Wednesday closed up +3.10 (+1.09%), and May ICE robusta coffee (RMK26 ) closed up +29 (+1.78%). Coffee prices settled higher on Wednesday. Supply concerns are supportive...
Cotton futures are up 20 to 25 points in the front months on Wednesday. Crude oil is up $0.52 on the day to $75.08. The US dollar index is back down $0.191 at $98.815. The Seam showed sales of 6,789 bales...
May NY world sugar #11 (SBK26 ) today is down -0.21 (-1.51%), and May London ICE white sugar #5 (SWK26 ) is down -5.30 (-1.289%). Sugar prices are sliding today as the outlook for a global surplus outweighs...
May ICE NY cocoa (CCK26 ) today is up +46 (+1.53%), and May ICE London cocoa #7 (CAK26 ) is up +32 (+1.50%). Cocoa prices are moving higher today as they recover from Monday's significant lows. Dollar...
May arabica coffee (KCK26 ) today is up +2.60 (+0.92%), and May ICE robusta coffee (RMK26 ) is down -16 (-0.43%). Coffee prices are mixed today. Supply concerns are supportive of coffee prices, as the...
May FCOJ futures present a buying opportunity on more price strength.
Cotton price action is up 30 to 55 points across most contracts on Wednesday morning. Futures are down 45 to 55 points in most front months on Tuesday. Crude oil was up $3.58 on the day to $74.81. The...