The Latest Breaking News from ISMA

Sugar Prices Retreat on USDA Proposal to Reduce Sugar Intake in Schools

July NY world sugar #11 (SBN23 ) on Tuesday closed down -0.22 (-0.84%), and Aug London white sugar #5 (SWQ23 ) closed down -1.90 (-0.27%). Sugar prices Tuesday closed moderately lower. A stronger dollar Tuesday weighed on sugar prices. Also, a proposal from the U.S. Department of Agriculture to limit...

Barchart · May 16, 2023

Sugar Closes Slightly Higher on Strength in the Brazilian Real

July NY world sugar #11 (SBN23 ) on Monday closed up +0.07 (+0.27%), and Aug London white sugar #5 (SWQ23 ) closed up +1.80 (+0.25%). Sugar prices Monday closed slightly higher. Strength in the Brazilian real (^USDBRL ) boosted sugar prices after the real Monday climbed to a 4-week high...

Barchart · May 15, 2023

Sugar Prices Climb on Brazilian Real Strength and Increased El Nino Risks

July NY world sugar #11 (SBN23 ) on Friday closed up +0.20 (+0.77%), and Aug London white sugar #5 (SWQ23 ) closed up +9.80 (+1.39%). Sugar prices Friday posted moderate gains. Strength in the Brazilian real (^USDBRL ) boosted sugar prices after the real Friday climbed to a 3-week high...

Barchart · May 12, 2023

Sugar Finishes Higher on Strength in Crude and the Brazilian Real

July NY world sugar #11 (SBN23 ) on Friday closed up +0.80 (+3.13%), and Aug London white sugar #5 (SWQ23 ) closed up +17.90 (+2.57%). Sugar prices Friday rallied sharply. A more than +4% jump in crude prices (CLM23 ) Friday helped push sugar higher. Higher crude prices benefit ethanol...

Barchart · May 5, 2023

Sugar Posts Moderate Gains on Strength in the Brazilian Real

July NY world sugar #11 (SBN23 ) on Thursday closed up +0.35 (+1.39%), and Aug London white sugar #5 (SWQ23 ) closed up +10.20 (+1.48%). Sugar prices Thursday posted moderate gains. Strength in the Brazilian real helped push sugar prices higher after the real (^USDBRL ) Thursday rose to a...

Barchart · May 4, 2023

NY Sugar Recovers Early Losses on a Weaker Dollar

July NY world sugar #11 (SBN23 ) on Wednesday closed up +0.03 (+0.12%), and Aug London white sugar #5 (SWQ23 ) closed down -6.00 (-0.87%). Sugar prices Wednesday fell to 1-week lows but settled mixed. Weakness in the dollar Wednesday sparked short covering in NY sugar as prices recovered from...

Barchart · May 3, 2023

Sugar Prices Slump on the Outlook for a Bumper Brazil Sugar Crop

July NY world sugar #11 (SBN23 ) on Tuesday closed down -0.40 (-1.57%), and Aug London white sugar #5 (SWQ23 ) closed down -18.00 (-2.53%). Sugar prices retreated Tuesday on farmer hedge selling ahead of the upcoming Brazil sugar harvest. Conab on Apr 26 forecasted that Brazil's 2023/24 sugar output...

Barchart · May 2, 2023

NY Sugar Sinks on a Jump in Sugar Deliveries to Settle the NY May Contract

July NY world sugar #11 (SBN23 ) on Monday closed down -0.81 (-3.07%), and Aug London white sugar #5 (SWQ23 ) did not trade with markets in the UK closed for the May Day holiday. NY sugar Monday fell sharply on a surge in deliveries to settle the May NY...

Barchart · May 1, 2023

NY Sugar Little Changed on Expiration of May Sugar Futures

May NY world sugar #11 (SBK23 ) on Friday closed unchanged, and Aug London white sugar #5 (SWQ23 ) closed down -8.50 (-1.18%). Sugar prices Friday settled mixed. Friday's rally in the dollar index to a 1-week high weighed on sugar prices. NY sugar was little changed, though, as short...

Barchart · Apr 28, 2023

Sugar Prices Surge on Lower Sugar Production in India

May NY world sugar #11 (SBK23 ) on Thursday closed up +0.48 (+1.81%), and Aug London white sugar #5 (SWQ23 ) closed up +25.00 (+3.60%). Sugar prices Thursday extended their five-week rally to new 11-year highs. Speculation that lower-than-expected sugar production in India will prompt the government to curb sugar...

Barchart · Apr 27, 2023