DARK SECRETS: 24 | Vintage Vibes

Sugar Prices Fall as Dry Conditions in Brazil Boost the Sugar Harvest

July NY world sugar #11 (SBN23 ) on Wednesday closed down -0.32 (-1.24%), and Aug London white sugar #5 (SWQ23 ) closed down -5.40 (-0.76%). Sugar prices Wednesday closed moderately lower. Sugar prices were undercut Wednesday by a rally in the dollar index (DXY00) to a 2-month high. Also, dry...

Barchart · May 24, 2023

Sugar Prices Mixed as a Stronger Dollar Weighs

July NY world sugar #11 (SBN23 ) on Tuesday closed down -0.18 (-0.69%), and Aug London white sugar #5 (SWQ23 ) closed up +0.50 (+0.07%). Sugar prices Tuesday settled mixed. Sugar prices were pressured by a rally in the dollar index Tuesday to a 2-month high. However, losses in sugar...

Barchart · May 23, 2023

Sugar Prices Gain as ISO Cuts Production and Surplus Estimates

July NY world sugar #11 (SBN23 ) on Monday closed up +0.21 (+0.81%), and Aug London white sugar #5 (SWQ23 ) closed up +2.90 (+0.41%). Sugar prices Monday closed moderately higher after the International Sugar Organization (ISO) cut its 2022/23 global sugar production and sugar surplus estimates. The ISO cut...

Barchart · May 22, 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 Prices Close Moderately Lower as Brazil's Sugar Harvest Picks Up

July NY world sugar #11 (SBN23 ) on Thursday closed down -0.64 (-2.40%), and Aug London white sugar #5 (SWQ23 ) closed down -12.90 (-1.80%). Sugar prices Thursday moved lower as the pace of the Brazil sugar harvest picked up. Unica reported Thursday that Brazil's 2023/24 sugar production through April...

Barchart · May 11, 2023

Sugar Prices Rise on Dollar Weakness and Concerns about Global Sugar Production

July NY world sugar #11 (SBN23 ) on Wednesday closed up +0.47 (+1.79%), and Aug London white sugar #5 (SWQ23 ) closed up +9.10 (+1.28%). Sugar prices Wednesday climbed to 1-1/2 week highs and closed moderately higher. A weaker dollar Wednesday was supportive of sugar prices along with concerns about...

Barchart · May 10, 2023

Sugar Prices See Support from a Rally in Crude Oil

July NY world sugar #11 (SBN23 ) on Tuesday closed up +0.10 (+0.38%), and Aug London white sugar #5 (SWQ23 ) closed down -6.60 (-0.92%). Sugar prices Tuesday settled mixed. Strength in crude prices is supportive for sugar after WTI crude (CLM23) on Tuesday rallied to a 1-week high. Higher...

Barchart · May 9, 2023

Sugar Prices Fall Back on Dollar Strength

July NY world sugar #11 (SBN23 ) on Monday closed down -0.23 (-0.87%), and Aug London white sugar #5 (SWQ23 ) did not trade with markets closed in the UK for the King's coronation. Sugar prices Monday posted moderate losses as a stronger dollar sparked long liquidation in sugar futures....

Barchart · May 8, 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