EXPLAINED: 6 - The Real Truth

Sugar Prices Surge as Fires in Brazil Damage Sugar Crops

October NY world sugar #11 (SBV24 ) today is up +0.39 (+2.05%). Oct London ICE white sugar #5 (SWV24 ) is up +20.60 (+3.92%). Sugar prices today extended Monday's sharp rally to 1-1/4 month highs. Massive fires in Brazil caused by drought and excessive heat have damaged sugar crops in...

Barchart · Aug 27, 2024

Sugar Prices Finish Sharply Higher as Fire Damages Brail Sugar Crops

October NY world sugar #11 (SBV24 ) on Monday closed up +0.65 (+3.53%). Oct London ICE white sugar #5 (SWV24 ) did not trade Monday, with markets in the UK closed for a bank holiday. NY sugar today jumped to a 3-week high as massive fires caused by drought and...

Barchart · Aug 26, 2024

Sugar Prices Jump on Brazil Sugar Crop Concerns

October NY world sugar #11 (SBV24 ) today is up +0.70 (+3.81%). Oct London ICE white sugar #5 (SWV24 ) is not trading today, with markets in the UK closed for a bank holiday. NY sugar today jumped to a 3-week high. Sugar prices have risen sharply since last Thursday...

Barchart · Aug 26, 2024

Sugar Prices Climb as Conab Cuts its Brazil Sugar Production Estimate

October NY world sugar #11 (SBV24 ) today is up +0.24 (+1.36%), and Oct London ICE white sugar #5 (SWV24 ) is up +8.40 (+1.660%). Sugar prices today are moderately higher after Conab, Brazil's government forecasting agency, cut its 2024/25 Brazil Center South sugar production estimate to 42 MMT from...

Barchart · Aug 22, 2024

Sugar Prices Find Support From a Weaker Dollar

October NY world sugar #11 (SBV24 ) on Wednesday closed up +0.08 (+0.46%), and Oct London ICE white sugar #5 (SWV24 ) closed up +3.10 (+0.62%). Sugar prices on Wednesday posted moderate gains as a slump in the dollar index (DXY00 ) to a 7-1/2 month low, which sparked some...

Barchart · Aug 21, 2024

Sugar Prices Higher on Some Short Covering

October NY world sugar #11 (SBV24 ) today is up +0.07 (+0.40%), and Oct London ICE white sugar #5 (SWV24 ) is up +3.40 (+0.68%). Sugar prices today are posting modest gains as a slump in the dollar index to a 7-1/2 month low has sparked some light short covering...

Barchart · Aug 21, 2024

Sugar Prices Weighed Down by Robust Global Supplies

October NY world sugar #11 (SBV24 ) Tuesday closed down -0.45 (-2.50%), and Oct London ICE white sugar #5 (SWV24 ) closed down -11.20 (-2.18%). Sugar prices Tuesday posted sharp losses, with NY sugar falling to a 1-3/4 year nearest-futures low and London sugar dropping to a 2-1/2 year low....

Barchart · Aug 20, 2024

Sugar Prices Sink on Robust Global Supplies

October NY world sugar #11 (SBV24 ) today is down -0.44 (-2.44%), and Oct London ICE white sugar #5 (SWV24 ) is down -10.80 (-2.10%). Sugar prices today are moderately lower, with NY sugar falling to a 1-3/4 year nearest-futures low and London sugar dropping to a 2-1/2 year low....

Barchart · Aug 20, 2024

Sugar Closes Slightly Lower on Ample Supplies

October NY world sugar #11 (SBV24 ) on Monday closed down -0.01 (-0.06%), and Oct London ICE white sugar #5 (SWV24 ) closed down -3.00 (-0.58%). Sugar prices Monday closed slightly lower as they consolidated above the recent significant lows. Sugar prices have been under pressure over the past six...

Barchart · Aug 19, 2024

Sugar Slightly Higher on Brazilian Real Strength

October NY world sugar #11 (SBV24 ) today is up +0.04 (+0.22%), and Oct London ICE white sugar #5 (SWV24 ) is up +0.90 (+0.17%). Sugar prices today are slightly higher as they find support from strength in the Brazilian real (^USDBRL ). The real today rallied to a 5-week...

Barchart · Aug 19, 2024