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The Latest Breaking News from El Nino

Sugar Prices Recover to 1-1/2 Week High

May NY world sugar #11 (SBK24 ) today is up +0.74 (+3.50%), and May London ICE white sugar #5 (SWK24 ) is up +19.90 (+3.33%). Sugar prices today rallied to a 1-1/2 week high on some short-covering after last week's 2-month low. Sugar prices last week showed weakness on rain...

Barchart · Mar 11, 2024

US Records Warmest Winter, Impacting Economy And Environment

US records warmest winter, impacting economy and environment. Climate change and El Nino play significant roles.

Warmest Winter On Record For U.S.

The winter of 2022 in the U.S. was the warmest on record, impacting agriculture and ecosystems. Learn about the influence of El Nino and climate change.

Record-Warm Winter In U.S. Linked To Climate Change

Explore the impacts of the warmest winter in the US in 130 years and its connection to climate change and El Nino.

Sugar Prices Slip on Forecasts for Rain in Brazil

May NY world sugar #11 (SBK24 ) on Friday closed down -0.13 (-0.61%), and May London ICE white sugar #5 (SWK24 ) closed down -6.60 (-1.09%). Sugar prices on Friday posted moderate losses on forecasts for rain in Brazil. On Friday, forecaster Maxar Technologies said that moderate rain is expected...

Barchart · Mar 8, 2024

Sugar Prices Weighed Down by Forecasts for Rain in Brazil

May NY world sugar #11 (SBK24 ) this morning is down -0.20 (-0.94%), and May London ICE white sugar #5 (SWK24 ) is down -7.90 (-1.31%). Sugar prices this morning are moderately lower on forecasts for rain in Brazil. Forecaster Maxar Technologies said today that moderate rain is expected in...

Barchart · Mar 8, 2024

Sugar Prices Slip on the Outlook for Higher EU Sugar Acreage

May NY world sugar #11 (SBK24 ) this morning is down -0.10 (-0.47%), and May London ICE white sugar #5 (SWK24) is down -4.10 (-0.67%). Sugar prices this morning are moderately lower. Expectations for higher sugar production in the European Union (EU) are weighing on prices today after sugar trader...

Barchart · Mar 7, 2024

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Sugar Closes Higher on Supply Concerns and Brazilian Real Strength

May NY world sugar #11 (SBK24 ) on Wednesday closed up +0.58 (+2.78%), and May London ICE white sugar #5 (SWK24 ) closed up +16.70 (+2.81%). Sugar prices on Wednesday rose sharply on global supply concerns. Sugar trader Alvean said Wednesday that India's 2024/25 sugar output may drop by -9%...

Barchart · Mar 6, 2024

Sugar Prices Jump on Global Supply Concerns and Brazilian Real Strength

May NY world sugar #11 (SBK24 ) this morning is up +0.60 (+2.87%), and May London ICE white sugar #5 (SWK24 ) is up +17.20 (+2.89%). Sugar prices this morning are sharply higher on global supply concerns. Sugar trader Alvean said today that India's 2024/25 sugar output may drop by...

Barchart · Mar 6, 2024

Projections of Wider Global Sugar Deficits Sparks Short-Covering in Sugar

May NY world sugar #11 (SBK24 ) on Tuesday closed up +0.27 (+1.31%), and May London ICE white sugar #5 (SWK24 ) closed up +1.30 (+0.22%). Sugar prices on Tuesday recovered from 2-month lows and posted moderate gains. Short-covering emerged in sugar futures Tuesday after BP Bunge Bioenergia projected that...

Barchart · Mar 5, 2024

Sugar Climbs on Projections of Wider Global Sugar Deficits

May NY world sugar #11 (SBK24 ) this morning is up +0.35 (+1.70%), and May London ICE white sugar #5 (SWK24 ) is up +3.80 (+0.64%). Sugar prices this morning recovered from 2-month lows and are moderately higher. Short-covering emerged in sugar futures today after BP Bunge Bioenergia projected that...

Barchart · Mar 5, 2024

2023-24 El Nino among five strongest on record, will continue fuelling heat in 2024: WMO

The 2023-24 El Nino has peaked as one of the five strongest on record and will continue to impact global climate in the coming months despite a weakening trend, the World Meteorological Organisation said.

The Hindu · Mar 5, 2024

Sugar Prices Under Pressure as Brazil Ramps Up Sugar Production

May NY world sugar #11 (SBK24 ) on Monday closed down -0.49 (-2.32%), and May London ICE white sugar #5 (SWK24 ) closed down -9.60 (-1.59%). Sugar prices on Monday tumbled to 2-month lows. Rising sugar production in Brazil, the world's largest sugar producer, is undercutting prices. Last Tuesday, Unica...

Barchart · Mar 4, 2024

Sugar Prices Weighed Down as Brazil Ramps Up Sugar Production

May NY world sugar #11 (SBK24 ) this morning is down -0.44 (-2.09%), and May London ICE white sugar #5 (SWK24 ) is down -8.90 (-1.48%). Sugar prices this morning tumbled to fresh 2-month lows. Rising sugar production in Brazil, the world's largest sugar producer, is bearish for prices. Last...

Barchart · Mar 4, 2024

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The Hindu · Mar 4, 2024

Temperatures in Andhra Pradesh may rise by 5 degrees Celsius this summer, says IMD

The India Meteorological Department(IMD) has forecast a hotter summer than usual and more heatwave days in Andhra Pradesh due to the El Nino effect. “The phenomenon may become weak and neutral towards the beginning of the monsoon, but until then its impact will be felt. The State is likely to…

Barchart · Mar 1, 2024

Sugar Prices Retreat on Demand Concerns

May NY world sugar #11 (SBK24 ) on Friday closed down -0.60 (-2.77%), and May London ICE white sugar #5 (SWK24 ) closed down -12.50 (-2.03%). Sugar prices Friday retreated for a second day and posted 2-month lows. A large delivery to settle the March NY sugar contract, which expired...

Barchart · Mar 1, 2024

Sugar Prices Tumble on a Large Delivery to Settle the March NY Sugar Contract

May NY world sugar #11 (SBK24 ) this morning is down -0.57 (-2.63%), and May London ICE white sugar #5 (SWK24 ) is down -11.30 (-1.84%). Sugar prices today retreated for a second day and fell to 2-month lows. A large delivery to settle the March NY sugar contract, which...

The Hindu · Mar 1, 2024

India to see warmer start to summer this year: IMD

India to experience warmer start to summer with El Nino conditions, above-normal rainfall, and Lok Sabha polls in April-May.

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Barchart · Feb 29, 2024

Sugar Prices Slump as the Brazilian Real Falls

March NY world sugar #11 (SBH24 ) on Thursday closed down -1.43 (-5.96%), and May London ICE white sugar #5 (SWK24 ) closed down -19.90 (-3.13%). Sugar prices slumped on Thursday as weakness in the Brazilian real (^USDBRL ) sparked long liquidation in sugar futures. The real on Thursday dropped...

Barchart · Feb 29, 2024

Sugar Prices Tumble with the Brazilian Real

March NY world sugar #11 (SBH24 ) this morning is down -1.23 (-5.12%), and May London ICE white sugar #5 (SWK24 ) is down -17.60 (-2.77%). Sugar prices this morning are sharply lower. Weakness in the Brazilian real (^USDBRL ) sparked long liquidation in sugar futures today when the real...

Barchart · Feb 28, 2024

Sugar Prices Post Moderate Gains as ISO Raises its Global Sugar Deficit Estimate

March NY world sugar #11 (SBH24 ) on Wednesday closed up +0.17 (+0.71%), and May London ICE white sugar #5 (SWK24 ) closed up +3.30 (+0.52%). Sugar prices on Wednesday extended this week's gains, with NY sugar posting a 2-week high and London sugar posting a 1-week high. On Wednesday,...

Barchart · Feb 28, 2024

Sugar Prices Push Higher as ISO Raises its Global Sugar Deficit Estimate

March NY world sugar #11 (SBH24 ) this morning is up +0.23 (+0.96%), and May London ICE white sugar #5 (SWK24 ) is up +3.90 (+0.62%). Sugar prices today extended this week's gains, with NY sugar posting a 2-week high and London sugar posting a 1-week high. Sugar rallied today...

Barchart · Feb 27, 2024

Sugar Prices Rally on Production Concerns in India

March NY world sugar #11 (SBH24 ) on Tuesday closed up +0.69 (+2.98%), and May London ICE white sugar #5 (SWK24 ) closed up +7.20 (+1.15%). Sugar prices on Tuesday extended Monday's gains, with NY sugar posting a 2-week high and London sugar posting a 1-week high. Sugar rallied Tuesday...

Barchart · Feb 27, 2024

Sugar Prices Extend Monday's Gains on Concerns Over Smaller Sugar Output in India

March NY world sugar #11 (SBH24 ) this morning is up +0.32 (+1.38%), and May London ICE white sugar #5 (SWK24 ) is up +1.30 (+0.21%). Sugar prices this morning are moderately higher, with NY sugar climbing to a 1-1/2 week high. Sugar prices today extended Monday's gains on positive...

Barchart · Feb 26, 2024

Sugar Prices Finish Higher on the Outlook for Smaller Sugar Output in India

March NY world sugar #11 (SBH24 ) on Monday closed up +0.53 (+2.34%), and May London ICE white sugar #5 (SWK24 ) closed up +12.40 (+2.03%). Sugar prices rallied Monday, with NY sugar posting a 1-week high. There was fresh concern about reduced sugar production in India after Sucden Monday...

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