The Latest Breaking News from the Indian Sugar and Bioenergy Manufacturers Association

Sugar Prices Retreat on Dollar Strength

March NY world sugar #11 (SBH25 ) Friday closed down -0.23 (-0.99%), and December London ICE white sugar #5 (SWZ24 ) closed down -7.10 (-1.22%). Sugar prices Friday fell back from 1-week highs and turned lower after the dollar index (DXY00 ) jumped to a 7-week high, prompting long liquidation...

Barchart · Oct 4, 2024

Sugar Prices Erase Early Gains as the Dollar Rallies

March NY world sugar #11 (SBH25 ) today is down -0.33 (-1.42%), and December London ICE white sugar #5 (SWZ24 ) is down -7.30 (-1.25%). Sugar prices today fell back from 1-week highs and turned lower after the dollar index (DXY00 ) jumped to a 7-week high, prompting long liquidation...

Barchart · Oct 4, 2024

Sugar Prices Rally on Strength in Crude Oil

March NY world sugar #11 (SBH25 ) Thursday closed up +0.56 (+2.47%), and December London ICE white sugar #5 (SWZ24 ) closed up +10.00 (+1.74%). Sugar rallied on Thursday due to a +4% jump in crude prices (CLX24 ) to a 1-month high. Strength in crude oil benefits ethanol prices...

Barchart · Oct 3, 2024

Sugar Prices Pressured by India Sugar Crop Optimism

October NY world sugar #11 (SBV24 ) Monday closed down -0.12 (-0.53%), and December London ICE white sugar #5 (SWZ24 ) closed up +1.30 (+0.23%). Sugar prices on Monday settled mixed. Sugar came under pressure Monday on optimism that above-average monsoon rains in India will lead to a bumper sugar...

Barchart · Sep 30, 2024

Sugar Prices Fall on Optimism for a Bumper Sugar Crop in India

October NY world sugar #11 (SBV24 ) today is down -0.37 (-1.62%), and December London ICE white sugar #5 (SWZ24 ) is down -2.00 (-0.35%). Sugar prices today are moderately lower, with London sugar posting a 1-week low. Optimism that above-average monsoon rains in India will lead to a bumper...

Barchart · Sep 30, 2024

Sugar Prices Weighed Down by the Outlook for Larger Global Sugar Surpluses

October NY world sugar #11 (SBV24 ) Friday closed down -0.52 (-2.23%), and December London ICE white sugar #5 (SWZ24 ) closed down -17.70 (-2.98%). Sugar prices fell sharply on Friday, with London sugar posting a 1-week low on the outlook for larger global sugar surpluses. Researcher StoneX raised its...

Barchart · Sep 27, 2024

Sugar Prices Decline on the Outlook for Larger Global Sugar Surpluses

October NY world sugar #11 (SBV24 ) today is down -0.54 (-2.32%), and December London ICE white sugar #5 (SWZ24 ) is down -17.60 (-2.96%). Sugar prices today are sharply lower, with London sugar falling to a 1-week low on the outlook for larger global sugar surpluses. Researcher StoneX raised...

Barchart · Sep 27, 2024

Sugar Prices Post Moderate Losses on Hopes India Will Resume Sugar Exports

October NY world sugar #11 (SBV24 ) Thursday closed down -0.11 (-0.47%), and December London ICE white sugar #5 (SWZ24 ) closed down -3.20 (-0.54%). Sugar prices Thursday gave up an early advance and posted moderate losses after the Indian Sugar and Bio-energy Manufacturers Association (ISM) said India will have...

Barchart · Sep 26, 2024

Sugar Prices Turn Lower on a Projected Sugar Surplus in India

October NY world sugar #11 (SBV24 ) today is down -0.02 (-0.09%), and December London ICE white sugar #5 (SWZ24 ) is down -1.50 (-0.25%). Sugar prices today gave up an early advance and turned lower after the Indian Sugar and Bio-energy Manufacturers Association (ISM) said that the country will...

Barchart · Sep 26, 2024

Sugar Posts Moderate Gains on Signs of Lower Sugar Output in India

October NY world sugar #11 (SBV24 ) Tuesday closed up +0.11 (+0.58%), and Oct London ICE white sugar #5 (SWV24 ) closed up +1.90 (+0.35%). Sugar prices on Tuesday climbed to 1-week highs and posted moderate gains after the Indian Sugar and Bio-energy Manufacturers Association (ISM) projected India's 2024/25 sugar...

Barchart · Jul 30, 2024