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

Sugar Prices Undercut by an Improved Supply Outlook and Brazilian Real Weakness

October NY world sugar #11 (SBV24 ) today is down -0.49 (-2.53%), and Oct London ICE white sugar #5 (SWV24 ) is down -11.30 (-2.03%). Sugar prices today added to this week's losses, with NY sugar falling to a 3-week low. Sugar prices are weighed down by negative carryover from...

Barchart · Jul 18, 2024

Sugar Prices Weaken on the Prospects of a Global Sugar Surplus

October NY world sugar #11 (SBV24 ) on Wednesday closed down -0.26 (-1.33%), and Oct London ICE white sugar #5 (SWV24 ) closed down -4.20 (-0.75%). Sugar prices Wednesday settled moderately lower on the outlook for a global sugar surplus next year. Covrig Analytics said Wednesday that it expects the...

Barchart · Jul 17, 2024

Sugar Prices Undercut on the Outlook for a 2024/25 Global Sugar Surplus

October NY world sugar #11 (SBV24 ) today is down -0.32 (-1.63%), and Oct London ICE white sugar #5 (SWV24 ) is down -6.70 (-1.20%). Sugar prices today are moderately lower on the outlook for a global sugar surplus next year. Covrig Analytics said today that it expects the 2024/25...

Barchart · Jul 17, 2024

Sugar Prices Finish Lower on Robust Brazil Sugar Output

October NY world sugar #11 (SBV24 ) Friday closed down -0.23 (-1.18%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -5.80 (-1.05%). Sugar prices Friday extended this week's decline, with NY sugar dropping to a 2-1/2 week low. Robust sugar output in Brazil is bearish for prices...

Barchart · Jul 12, 2024

Sugar Prices Weighed Down by Robust Brazil Sugar Output

October NY world sugar #11 (SBV24 ) today is down -0.16 (-0.82%), and Aug London ICE white sugar #5 (SWQ24 ) is down -3.30 (-0.60%). Sugar prices today extended this week's decline, with NY sugar dropping to a 2-1/2 week low. Robust sugar output in Brazil is bearish for prices...

Barchart · Jul 12, 2024

Sugar Prices Close Lower on Strong Sugar Production in Brazil

October NY world sugar #11 (SBV24 ) Thursday closed down -0.38 (-1.92%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -4.40 (-0.79%). Sugar prices Thursday retreated, with NY falling to a 2-week low. Ramped-up sugar output in Brazil is bearish for prices after Unica reported Thursday that...

Barchart · Jul 11, 2024

Sugar Prices Retreat on Ramped-Up Brazil Sugar Production

October NY world sugar #11 (SBV24 ) today is down -0.37 (-1.87%), and Aug London ICE white sugar #5 (SWQ24 ) is down -5.40 (-0.97%). Sugar prices today are sharply lower, with NY falling to a 2-week low. Ramped-up sugar output in Brazil is bearish for prices after Unica reported...

Barchart · Jul 11, 2024

Sugar Prices Finish Higher as Brazilian Real Strength Sparks Short Covering

October NY world sugar #11 (SBV24 ) on Wednesday closed up +0.19 (+0.97%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +4.10 (+0.74%). Sugar prices recovered from early losses on Wednesday and settled moderately higher. Short covering emerged in sugar futures Wednesday after the Brazilian real (^USDBRL...

Barchart · Jul 10, 2024

Sugar Prices Recover on Strength in the Brazilian Real

October NY world sugar #11 (SBV24 ) today is up +0.40 (+2.04%), and Aug London ICE white sugar #5 (SWQ24 ) is up +9.20 (+1.66%). Sugar prices today recovered from early losses and are moderately higher. Short covering emerged in sugar futures today after the Brazilian real (^USDBRL ) climbed...

Barchart · Jul 10, 2024

Sugar Prices Finish Lower as Supply Concerns Ease

October NY world sugar #11 (SBV24 ) on Tuesday closed down -0.51 (-2.53%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -7.00 (-1.25%). Sugar prices Tuesday fell sharply, with NY sugar posting a 1-1/2 week low and London sugar posting a 2-1/2 week low. Above-normal monsoon rain...

Barchart · Jul 9, 2024