The Latest Breaking News from El Nino

Sugar Prices Advance on Strength in Crude Oil and Possible Reduction in Mexican Sugar Imports

May NY world sugar #11 (SBK24 ) on Thursday closed up +0.33 (+1.49%), and May London ICE white sugar #5 (SWK24 ) closed up +6.90 (+1.07%). Sugar prices on Thursday posted moderate gains, with NY sugar rising to a 1-month high and London sugar climbing to a 1-1/2-month high. Thursday's...

Barchart · Mar 28, 2024

Sugar Rallies on Strength in Crude and a Possible Reduction in Sugar Imports from Mexico

May NY world sugar #11 (SBK24 ) this morning is up +0.38 (+1.71%), and May London ICE white sugar #5 (SWK24 ) is up +10.50 (+1.63%). Sugar prices this morning are moderately higher, with NY sugar posting a 1-month high and London sugar posting a 1-1/2 month high. Today's rally...

Barchart · Mar 28, 2024

Sugar Prices Close Lower as Brazil Ramps Up Sugar Production

May NY world sugar #11 (SBK24 ) on Wednesday closed down -0.20 (-0.89%), and May London ICE white sugar #5 (SWK24 ) closed down -7.80 (-1.19%). Sugar prices on Wednesday posted moderate losses due to higher sugar production in Brazil. Unica reported Wednesday that Brazil's Center-South sugar output in the...

Barchart · Mar 27, 2024

Sugar Prices Rise on Concern the US May Curb Sugar Imports From Mexico

May NY world sugar #11 (SBK24 ) this morning is up +0.12 (+0.55%), and May London ICE white sugar #5 (SWK24 ) is up +3.10 (+0.45%). Sugar prices this morning are mildly higher as US sugar producers are calling for a reduction in sugar imports from Mexico. The American Sugar...

Barchart · Mar 25, 2024

Sugar Prices Retreat as Dollar Strength Sparks Long Liquidation

May NY world sugar #11 (SBK24 ) this morning is down -0.24 (-1.09%), and May London ICE white sugar #5 (SWK24 ) is down -1.90 (-0.30%). Sugar prices this morning gave up an early advance and turned lower as a rally in the dollar index (DXY00) to a 5-week high...

Barchart · Mar 22, 2024

Sugar Prices Post Moderate Gains on Limited Rain Prospects in Brazil

May NY world sugar #11 (SBK24 ) on Thursday closed up +0.29 (+1.33%), and May London ICE white sugar #5 (SWK24 ) closed up +11.20 (+1.78%). Sugar prices posted moderate gains on Thursday, with London sugar climbing to a 1-month high. Concerns about excessive dryness in Brazil have fueled short-covering...

Barchart · Mar 21, 2024

Sugar Prices Gain on Limited Rain Prospects in Brazil

May NY world sugar #11 (SBK24 ) this morning is up +0.35 (+1.61%), and May London ICE white sugar #5 (SWK24 ) is up +12.00 (+1.91%). Sugar prices this morning are moderately higher, with London sugar posting a 1-month high. Concerns about excessive dryness in Brazil have fueled short-covering in...

Barchart · Mar 21, 2024

Sugar Prices Rebound as the Brazilian Real Strengthens

May NY world sugar #11 (SBK24 ) on Wednesday closed up +0.13 (+0.60%), and May London ICE white sugar #5 (SWK24 ) closed up +8.90 (+1.44%). Sugar prices Wednesday rebounded from 1-week lows and rallied moderately higher as strength in the Brazilian real sparked short covering in sugar futures. The...

Barchart · Mar 20, 2024

Sugar Prices Recover as the Brazilian Real Strengthens

May NY world sugar #11 (SBK24 ) this morning is up +0.08 (+0.37%), and May London ICE white sugar #5 (SWK24 ) is up +6.00 (+0.97%). Sugar prices this morning rebounded from 1-week lows and are moderately higher as strength in the Brazilian real sparked short covering in sugar futures....

Barchart · Mar 20, 2024

Sugar Prices Close Lower on Brazilian Real Weakness

May NY world sugar #11 (SBK24 ) on Tuesday closed down -0.52 (-2.35%), and May London ICE white sugar #5 (SWK24 ) closed down -8.10 (-1.29%). Sugar prices Tuesday posted moderate losses as weakness in the Brazilian real (^USDBRL ) sparked long liquidation in sugar futures. The real on Tuesday...

Barchart · Mar 19, 2024