Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Get all the relevant market information you need — get it fast, on time, and accurately with Barchart Plus. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Sugar #11 May '23 (SBK23)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Sugar #11 Futures Market News and Commentary

Sugar Prices Post Moderate Gains as Sugar Production in India Falls

July NY world sugar #11 (SBN24) on Monday closed up +0.20 (+1.04%), and Aug London ICE white sugar #5 (SWQ24) did not trade, with markets in the UK closed Monday for the May Day holiday.

Sugar prices posted moderate gains on Monday as sugar production in India declined.  The Indian Sugar and Bioenergy Manufacturers Association reported Monday that India's 2023/24 sugar production from Oct-Apr fell -1.6% y/y to 31.4 MMT as more sugar mills closed for the year and ended their sugarcane crush.  As of Apr 30, 516 Indian sugar mills had closed operations compared with 460 mills that closed at the same time last year.

Strength in the Brazilian real (^USDBRL) also supported sugar prices as the real Monday rallied to a 3-1/2 week high against the dollar.  Strength in the real discourages export selling from Brazil's sugar producers.

A negative for sugar prices was the report from Unica on Apr 26 that showed 2024/25 Brazil sugar production in the first half of April jumped... Read more

Contract Specifications

See More
Contract
Sugar #11
Contract Size
112,000 pounds (50 long tonnes)
Tick Size
0.01 cents per pound ($11.20 per contract)
Trading Hours
2:30a.m. - 12:00p.m. (Settles 11:55a.m.) CST
Exchange
ICE/US
Point Value
$1,120
Margin/Maintenance
$2,217/2,016
First Notice Date
05/01/23
Expiration Date
04/28/23 (expired)

Seasonal Chart

Sugar #11 May '23
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Apr 30, 2024

View Chart Details
Commercials - Long / Short
460,096 (+8,116)
489,916 (-1,214)
Non-Commercials - Long / Short
199,571 (+2,274)
159,266 (+7,070)
Producers - Long / Short
311,997 (+6,329)
343,918 (-1,981)
Swap Dealers - Long / Short
108,177 (+487)
106,076 (-533)
Managed Money - Long / Short
135,641 (-4,484)
129,435 (+8,406)
Other Reportables - Long / Short
63,930 (+6,758)
29,831 (-1,336)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
21.05 +28.22%
on 03/29/23
27.41 -1.53%
on 04/27/23
+5.68 (+26.65%)
since 03/28/23
3-Month
19.43 +38.91%
on 02/07/23
27.41 -1.53%
on 04/27/23
+7.38 (+37.63%)
since 01/27/23
52-Week
16.64 +62.20%
on 10/28/22
27.41 -1.53%
on 04/27/23
+8.23 (+43.87%)
since 04/28/22

More Sugar #11 Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Cotton Getting Tuesday AM Pop

The cotton market is posting 48 to 60 point gains following the overnight trade. Cotton resumed its slide on Monday, as contracts were down 22 to 100 points at the close. The US dollar index was up 42...

CTK24 : 76.56s (-1.03%)
CTN24 : 78.14 (+1.40%)
CTZ24 : 76.21 (+1.20%)
Holding on to a short Cocoa calendar spread

Looking at seasonality screens for Cocoa, the September – December spread appeared on April 26 and then again on May 2. When I scheduled the 4/26 trade in the Newsletter (4 trading days earlier) I fully...

Cotton Resumes Slide on Monday

The cotton market resumed its slide on Monday, as contracts were down 22 to 100 points at the close. The outside influences had little effect, as the US dollar index was up 42 points, with crude oil 57...

CTK24 : 76.56s (-1.03%)
CTN24 : 78.14 (+1.40%)
CTZ24 : 76.21 (+1.20%)
Commodities: Where Will Real Fundamentals Turn Bullish Next?

The commodity sector is heating up, with real fundamentals for a number of markets growing more bullish, as indicated by their forward curves.

CCN24 : 8,046 (+6.04%)
CLM24 : 78.07 (-0.52%)
ZMN24 : 382.7 (-1.26%)
Crop Progress

Crop Progress - 2024-05-06

ZSN24 : 1241-6 (-0.56%)
ZSPAUS.CM : 11.8116 (-0.59%)
ZSBAUS.CM : -0.6058 (+0.07%)
ZSDAUS-BIW.CM : 4,506,573 (unch)
ZSYAUS-BIW.CM : 52.03 (unch)
XSU24 : 4,044s (+2.41%)
XTN24 : 4,679s (+0.39%)
ZCN24 : 467-6 (-0.27%)
ZCPAUS.CM : 4.4469 (-0.26%)
ZCBAUS.CM : -0.2306 (+0.35%)
XVN24 : 2,400s (+0.59%)
XEU24 : 62.21 (+1.17%)
Sugar Prices Post Moderate Gains as Sugar Production in India Falls

July NY world sugar #11 (SBN24 ) on Monday closed up +0.20 (+1.04%), and Aug London ICE white sugar #5 (SWQ24 ) did not trade, with markets in the UK closed Monday for the May Day holiday. Sugar prices...

SBN24 : 19.66 (+0.92%)
SWQ24 : 577.00 (+0.87%)
Cocoa Prices Finish Sharply Lower as Open Interest Plunges

July ICE NY cocoa (CCN24 ) on Monday closed down -557 (-6.84%), and July ICE London cocoa #7 (CAN24 ) did not trade with markets in the UK closed Monday for the May Day holiday. Cocoa prices fell sharply...

CCN24 : 8,046 (+6.04%)
CAU24 : 6,415 (+0.19%)
Arabica Coffee Closes Lower as Global Supplies Rebound

July arabica coffee (KCN24 ) on Monday closed down -5.55 (-2.76%), and July ICE robusta coffee (RMN24 ) did not trade with markets in the UK closed Monday for the May Day holiday. Arabic coffee prices...

KCN24 : 194.55 (-0.33%)
RMN24 : 3,377 (-4.63%)
Cotton Continuing Weakness on Monday

The cotton market is continuing the weaker trade, as contracts are down 57 to 111 points across most liquid contracts. Commitment of Traders data shows managed money in cotton futures and options flipping...

CTK24 : 76.56s (-1.03%)
CTN24 : 78.14 (+1.40%)
CTZ24 : 76.21 (+1.20%)
Sugar Prices Gain on Smaller Sugar Output in India

July NY world sugar #11 (SBN24 ) this morning is up +0.12 (+0.62%), and Aug London ICE white sugar #5 (SWQ24 ) is not trading today, with markets in the UK closed for the May Day holiday. Sugar prices...

SBN24 : 19.66 (+0.92%)
SWQ24 : 577.00 (+0.87%)
^USDBRL : 5.06290 (-0.27%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Maximum Signal Strength.

Key Turning Points

3rd Resistance Point 27.74
2nd Resistance Point 27.40
1st Resistance Point 27.19
Last Price 26.99s
1st Support Level 26.64
2nd Support Level 26.30
3rd Support Level 26.09

See More

52-Week High 27.41
Last Price 26.99s
Fibonacci 61.8% 23.30
Fibonacci 50% 22.02
Fibonacci 38.2% 20.75
52-Week Low 16.64

See More

Solutions for Ag Professionals barchart.com/cmdty
Data and Statistics for Coffee and Cotton
Explore Data
cmdtyView Pro for Ag Professionals
Start Free Trial
We help Commodity Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar