The Latest Breaking News from Conab

Sugar Prices Pressured by Increased Sugar Output in Brazil

May NY world sugar #11 (SBK24 ) on Friday closed down -0.08 (-0.51%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +0.10 (+0.02%). Sugar prices on Friday settled mixed. Sugar futures came under pressure Friday after Unica reported that 2024/25 Brazil sugar production in the first half...

Barchart · Apr 26, 2024

Strength in the Brazilian Real Sparks Short Covering in Sugar

May NY world sugar #11 (SBK24 ) this morning is up +0.04 (+0.21%), and Aug London ICE white sugar #5 (SWQ24 ) is up +1.60 (+0.28%). Sugar prices this morning are posting modest gains as strength in the Brazilian real has sparked short-covering in sugar futures. The real (^USDBRL )...

Barchart · Apr 26, 2024

Sugar Prices Settle Lower as Conab Projects Record Brazil 2024/25 Sugar Production

May NY world sugar #11 (SBK24 ) on Thursday closed down -0.52 (-2.60%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -13.00 (-2.25%). Sugar prices retreated Thursday based on the outlook for larger sugar output in Brazil. Conab, Brazil's crop agency, projected Thursday that Brazil's 2024/25 sugar...

Barchart · Apr 25, 2024

Strength in the Brazilian Real Boosts Sugar Prices

May NY world sugar #11 (SBK24 ) this morning is up +0.11 (+0.56%), and Aug London ICE white sugar #5 (SWQ24 ) is up +3.10 (+0.54%). Sugar prices this morning are moderately higher. Sugar prices are seeing support from today's climb in the Brazilian real (^USDBRL ) to a 1-week...

Barchart · Apr 23, 2024

Sugar Mildly Higher on Reduced Production Estimates from Brazil

May NY world sugar #11 (SBK24 ) on Monday closed up +0.07 (+0.35%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +6.90 (+1.22%). Sugar prices on Monday closed mildly higher. Sugar prices have some carryover support from last Thursday when Conab cut its Brazil 2023/24 sugar production...

Barchart · Apr 22, 2024

Sugar Prices Settle Mixed as They Consolidate Recent Losses

May NY world sugar #11 (SBK24 ) on Friday closed up +0.14 (+0.71%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -5.40 (-0.95%). Sugar prices settled mixed on Friday as they consolidated this week's significant losses. Sugar prices have some carryover support from Thursday when Conab cut...

Barchart · Apr 19, 2024

Sugar Prices Consolidate Above a 15-Month Low

May NY world sugar #11 (SBK24 ) this morning is up +0.04 (+0.20%), and Aug London ICE white sugar #5 (SWQ24 ) is down -4.70 (-0.83%). Sugar prices this morning are mixed as they consolidate above this week's significant lows. Sugar prices have some carryover support from Thursday when Conab...

Barchart · Apr 19, 2024

Sugar Prices Settle Higher as Conab Cuts its Brazil Sugar Production Estimate

May NY world sugar #11 (SBK24 ) on Thursday closed up +0.27 (+1.40%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +9.60 (+1.72%). Sugar prices Thursday moved higher as short covering emerged in sugar futures when Conab cut its Brazil 2023/24 sugar production estimate by -2.6% to...

Barchart · Apr 18, 2024

Sugar Prices Rebound as Conab Cuts its Brazil Sugar Production Estimate

May NY world sugar #11 (SBK24 ) this morning is up +0.28 (+1.45%), and Aug London ICE white sugar #5 (SWQ24 ) is up +11.40 (+2.04%). Sugar prices this morning moved higher as short covering emerged in sugar futures after Conab cut its Brazil 2023/24 sugar production estimate by -2.6%...

Barchart · Apr 18, 2024

Sugar Prices Fall as Conab Raises its 2023/24 Brazil Sugar Production Estimate

March NY world sugar #11 (SBH24 ) on Wednesday closed -0.13 (-0.48%), and March London ICE white sugar #5 (SWH24 ) closed -3.50 (-0.47%) Sugar prices on Wednesday closed moderately lower, with NY sugar falling to a 4-week low. Increased sugar production in Brazil should alleviate supply concerns and is...

Barchart · Nov 29, 2023