The Latest Breaking News from Unica

Sugar Prices Fall on Dollar Strength

May NY world sugar #11 (SBK24 ) on Friday closed down -0.21 (-0.95%), and May London ICE white sugar #5 (SWK24 ) closed down -1.10 (-0.17%). Sugar prices Friday gave up an early advance and posted moderate losses as a rally in the dollar index (DXY00 ) to a 5-week...

Barchart · Mar 22, 2024

Sugar Prices Retreat as Dollar Strength Sparks Long Liquidation

May NY world sugar #11 (SBK24 ) this morning is down -0.24 (-1.09%), and May London ICE white sugar #5 (SWK24 ) is down -1.90 (-0.30%). Sugar prices this morning gave up an early advance and turned lower as a rally in the dollar index (DXY00) to a 5-week high...

Barchart · Mar 22, 2024

Sugar Prices Post Moderate Gains on Limited Rain Prospects in Brazil

May NY world sugar #11 (SBK24 ) on Thursday closed up +0.29 (+1.33%), and May London ICE white sugar #5 (SWK24 ) closed up +11.20 (+1.78%). Sugar prices posted moderate gains on Thursday, with London sugar climbing to a 1-month high. Concerns about excessive dryness in Brazil have fueled short-covering...

Barchart · Mar 21, 2024

Weakness in the Brazilian Real Undercuts Sugar Prices

May NY world sugar #11 (SBK24 ) this morning is down -0.57 (-2.57%), and May London ICE white sugar #5 (SWK24 ) is down -10.20 (-1.62%). Sugar prices this morning are moderately lower as weakness in the Brazilian real (^USDBRL ) sparked long liquidation in sugar futures. The real today...

Barchart · Mar 19, 2024

Sugar Settles Higher on Strength in Gasoline Prices

May NY world sugar #11 (SBK24) on Monday closed up +0.04 (+0.18%), and May London ICE white sugar #5 (SWK24 ) closed up +4.60 (+0.74%). Sugar prices on Monday rallied to 2-week highs due to the strength of gasoline prices. April gasoline (RBJ24 ) on Monday jumped to a 6-month...

Barchart · Mar 18, 2024

Sugar Falls Back on Brazilian Real Strength

May NY world sugar #11 (SBK24 ) this morning is down -0.17 (-0.77%), and May London ICE white sugar #5 (SWK24 ) is down -0.40 (-0.06%). Sugar prices this morning fell back from 2-week highs and posted moderate losses as weakness in the Brazilian real (^USDBRL) sparked some long liquidation...

Barchart · Mar 18, 2024

Sugar Closes Higher on Carryover Support from a Rally in Gasoline Prices

May NY world sugar #11 (SBK24 ) on Friday closed up +0.35 (+1.61%), and May London ICE white sugar #5 (SWK24 ) closed up +8.60 (+1.40%). Sugar prices on Friday settled moderately higher, with London sugar posting a 2-week high. Sugar prices gained support from Friday's rally in gasoline prices...

Barchart · Mar 15, 2024

Sugar Gains on Carryover Support from a Rally in Gasoline Prices

May NY world sugar #11 (SBK24 ) this morning is up +0.29 (+1.33%), and May London ICE white sugar #5 (SWK24 ) is up +7.60 (+1.24%). Sugar prices this morning are moderately higher, with London sugar posting a 2-week high. Strength in gasoline prices is supporting sugar after gasoline prices...

Barchart · Mar 15, 2024

NY Sugar Falls on Continued Pressure from Higher Indian Sugarcane Production Forecast

May NY world sugar #11 (SBK24 ) on Thursday closed down -0.16 (-0.73%), and May London ICE white sugar #5 (SWK24 ) closed +0.20 (+0.03%). NY sugar prices on Thursday continued to see downward pressure after the Indian Sugar and Bioenergy Manufacturers Association on Wednesday raised its forecast for India's...

Barchart · Mar 14, 2024

Sugar Prices Continue to See Downward Pressure from Higher Indian Sugarcane Production Forecast

May NY world sugar #11 (SBK24 ) is down -0.09 (-0.41%), and May London ICE white sugar #5 (SWK24 ) is up +1.80 (+0.29%). NY sugar prices today continue to see downward pressure after the Indian Sugar and Bioenergy Manufacturers Association on Wednesday raised its forecast for India's sugarcane production...

Barchart · Mar 14, 2024