The Latest Breaking News from ISMA

Sugar Posts Modest Gains as Dollar Weakness Induces Short Covering

March NY world sugar #11 (SBH24 ) on Wednesday closed up +0.02 (+0.09%), and May London ICE white sugar #5 (SWK24 ) closed up +0.60 (+0.10%). Sugar prices on Wednesday recovered from 1-month lows and closed slightly higher as a weaker dollar prompted some short covering in sugar futures. Sugar...

Barchart · Feb 21, 2024

Sugar Prices Fall on Strong Sugar Production in Brazil

March NY world sugar #11 (SBH24 ) on Tuesday closed up -0.33 (-1.43%), and May London ICE white sugar #5 (SWK24 ) closed down -7.20 (-1.14%). Sugar prices on Tuesday dropped to 1-month lows and closed moderately lower. Sugar prices are under pressure from a significant increase in Brazil's sugar...

Barchart · Feb 20, 2024

Sugar Prices Rebound on Drier Weather Forecasts for Brazil

March NY world sugar #11 (SBH24 ) on Friday closed up +0.26 (+1.14%), and May London ICE white sugar #5 (SWK24 ) closed up +7.70 (+1.22%). Sugar prices on Friday recovered from 4-week lows and closed moderately higher. Short covering emerged in sugar futures Friday after weather forecasts reduced the...

Barchart · Feb 16, 2024

Sugar Rallies as Global Sugar Supply Concerns Spark Fund Buying

March NY world sugar #11 (SBH24 ) on Monday closed up +0.63 (+2.98%), and March London ICE white sugar #5 (SWH24 ) closed up +14.60 (+2.40%). Sugar prices on Monday rallied sharply and posted 1-week highs. Global sugar supply concerns have sparked fund buying of sugar futures and are supporting...

Barchart · Jan 8, 2024

NY Sugar Slightly Higher on Strength in Crude

March NY world sugar #11 (SBH24 ) on Friday closed up +0.03 (+0.14%), and March London ICE white sugar #5 (SWH24 ) closed unchanged. Sugar prices on Friday settled little changed. Strength in crude oil supports sugar prices as WTI crude (CLG24 ) Friday rallied to a 1-week high. Higher...

Barchart · Jan 5, 2024

Sugar Posts Moderate Gains on Global Supply Uncertainty

March NY world sugar #11 (SBH24 ) on Thursday closed up +0.23 (+1.10%), and March London ICE white sugar #5 (SWH24 ) closed up +6.30 (+1.05%). Sugar prices on Thursday closed moderately higher on positive carryover from Tuesday on signs of smaller sugar production in India after the National Federation...

Barchart · Jan 4, 2024

Sugar Erases Early Gains on Weakness in Brazilian Real

March NY world sugar #11 (SBH24 ) closed down -0.05 (-0.24%) on Wednesday, and March London ICE white sugar #5 (SWH24 ) closed down -4.20 (-0.69%). Sugar prices on Wednesday gave up an early advance and posted modest losses as weakness in the Brazilian real (^USDBRL ) weighed on sugar...

Barchart · Jan 3, 2024

Sugar Posts Moderate Gains on Lower Sugar Production in India

March NY world sugar #11 (SBH24 ) on Tuesday closed up +0.32 (+1.55%), and March London ICE white sugar #5 (SWH24 ) closed up +8.80 (+1.48%). Sugar prices on Tuesday settled moderately higher on smaller sugar production in India after the National Federation of Cooperative Sugar Factories reported India's sugar...

Barchart · Jan 2, 2024

Sugar Prices Sink as Funds Liquidate Long Positions

March NY world sugar #11 (SBH24 ) on Friday closed down -1.18 (-5.42%), and March London ICE white sugar #5 (SWH24 ) closed down -26.20 (-4.21%). Sugar prices on Friday fell sharply and gave up nearly all of Thursday's rally. Year-end position squaring and liquidation from funds pressured sugar prices....

Barchart · Dec 29, 2023

Sugar Finishes Sharply Higher on Fund Short Covering

March NY world sugar #11 (SBH24 ) on Thursday closed up +1.16 (+5.63%), and March London ICE white sugar #5 (SWH24 ) closed up +27.80 (+4.68%). Sugar prices Thursday rallied sharply and posted 1-1/2 week highs as year-end positioning by funds sparked short-covering in sugar futures. On Tuesday, NY sugar...

Barchart · Dec 28, 2023