Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
The most comprehensive method for keeping track of all your investments. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or
Sugar #11 May '23 (SBK23)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Sugar #11 Futures Market News and Commentary

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 conditions in Brazil are facilitating the country's sugar harvest.  Rural Clima Meteorlogia said little rain is expected in Brazil through the end of the month.  Unica reported on May 12 that Brazil's 2023/24 sugar production through April was up +43.7% y/y at 1.531 MMT and that the percentage of sugarcane crushed for sugar rose to 41.6% from 35.3% last year.  

Last month, sugar prices rallied to 11-year highs on the outlook for tighter global supplies.  On Apr 26, the Indian Sugar Mills Association (ISMA) cut its 2022/23 India sugar production estimate to 32.8 MMT from a Jan estimate of 34 MMT.  India's Food Secretary said India might not allow additional sugar exports this year du... Read more

Contract Specifications

See More
Contract
Sugar #11
Contract Size
112,000 pounds (50 long tonnes)
Tick Size
0.01 cents per pound ($11.20 per contract)
Trading Hours
2:30a.m. - 12:00p.m. (Settles 11:55a.m.) CST
Exchange
ICE/US
Point Value
$1,120
Margin/Maintenance
$1,478/1,344
First Notice Date
05/01/23
Expiration Date
04/28/23 (expired)

Commitment of Traders Positions as of May 16, 2023

View Chart Details
Commercials - Long / Short
379,303 (+11,296)
702,686 (+3,323)
Non-Commercials - Long / Short
340,486 (-5,992)
69,657 (-211)
Producers - Long / Short
243,161 (+8,758)
456,329 (+1,822)
Swap Dealers - Long / Short
91,509 (+307)
201,724 (-730)
Managed Money - Long / Short
264,788 (+961)
47,182 (-2,026)
Other Reportables - Long / Short
75,698 (-6,953)
22,475 (+1,815)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
21.05 +28.22%
on 03/29/23
27.41 -1.53%
on 04/27/23
+5.68 (+26.65%)
since 03/28/23
3-Month
19.43 +38.91%
on 02/07/23
27.41 -1.53%
on 04/27/23
+7.38 (+37.63%)
since 01/27/23
52-Week
16.64 +62.20%
on 10/28/22
27.41 -1.53%
on 04/27/23
+8.23 (+43.87%)
since 04/28/22

More Sugar #11 Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Easing of the Texas Drought for Cotton Farmers & Minor Dryness for Midwest Grains

In Jim's video, the focus is not only on cotton and the grains but also connects more of the El Niño dots

KEN23 : 805-6 (-0.80%)
ZWN23 : 605-0 (-0.21%)
ZCZ23 : 519-4 (unch)
ZSX23 : 1179-0 (-0.51%)
CTZ23 : 80.02 (-0.32%)
WEAT : 6.13 (-2.54%)
SOYB : 24.83 (-0.32%)
CORN : 23.03 (+0.13%)
BAL : 58.76 (-2.45%)
Midweek Cotton Futures Fall Triple Digits

The front month cotton futures dropped 1.9% to 3.3% on Wednesday with losses of as much as 273 points. July futures are still 119 points above last week’s low. The market continues to fret about the...

CTN23 : 82.01 (+0.35%)
CTV23 : 80.64s (-3.27%)
CTZ23 : 80.02 (-0.32%)
Cocoa Prices Close Slightly Lower on a Stronger Dollar

July ICE NY cocoa (CCN23 ) on Wednesday closed down -6 (-0.20%), and July ICE London cocoa #7 (CAK23 ) closed down -3 (-0.13%). Cocoa prices Wednesday closed slightly lower, pressured by a rally in the...

CCN23 : 3,015 (+0.17%)
CAN23 : 2,361 (+0.25%)
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...

SBN23 : 25.12 (-1.45%)
SWQ23 : 701.60 (-0.90%)
Coffee Prices Close Moderately Higher on Tight Global Supplies

July arabica coffee (KCN23 ) on Wednesday closed up +0.55 (+0.29%), and July ICE robusta coffee (RMN23 ) closed up +16 (+0.63%). Coffee prices Wednesday settled moderately higher. Arabica coffee has support...

KCN23 : 186.05 (-1.04%)
RMN23 : 2,564 (-0.35%)
Coffee Prices Firm on Tight Global Supplies

July arabica coffee (KCN23) this morning is up +0.60 (+0.32%), and July ICE robusta coffee (RMN23) is up +14 (+0.55%). Coffee prices this morning are moderately higher. Arabica coffee has support from...

Triple Digit Drop for Cotton

Cotton continues to fade last week’s rally with another triple digit draw down on the board through Wednesday’s midday. July futures are trading 3% lower so far, and are at a net 5 cent loss for the...

CTN23 : 82.01 (+0.35%)
CTV23 : 80.64s (-3.27%)
CTZ23 : 80.02 (-0.32%)
Sugar Consolidates Near the Recent High

World Sugar futures on the Intercontinental Exchange reflect the free-market price of the sweet commodity many countries subsidize. Sugar traded to the highest price since 2011 in April, with the futures...

SBN23 : 25.12 (-1.45%)
CANE : 13.58 (-0.51%)
SGG : 89.95 (-1.53%)
AM Cotton Working Red

Cotton futures were lower on Monday and Tuesday, with prices fading another 79 to 144 points so far this morning. The Board had briefly tried for a Turnaround Tuesday, but quickly changed course. By the...

CTN23 : 82.01 (+0.35%)
CTV23 : 80.64s (-3.27%)
CTZ23 : 80.02 (-0.32%)
Tuesday Losses for Cotton Market

Prices had tried for a Turnaround Tuesday overnight, but quickly changed course. By the close the front months were down by >1%. July gave back 97 points on the day after printing a -186 to +34 point daily...

CTN23 : 82.01 (+0.35%)
CTV23 : 80.64s (-3.27%)
CTZ23 : 80.02 (-0.32%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Maximum Signal Strength.

Key Turning Points

3rd Resistance Point 27.74
2nd Resistance Point 27.40
1st Resistance Point 27.19
Last Price 26.99s
1st Support Level 26.64
2nd Support Level 26.30
3rd Support Level 26.09

See More

52-Week High 27.41
Last Price 26.99s
Fibonacci 61.8% 23.30
Fibonacci 50% 22.02
Fibonacci 38.2% 20.75
52-Week Low 16.64

See More

by Barchart
Solutions for Ag Professionals barchart.com/cmdty
Data and Statistics for Coffee and Cotton
Explore Data
cmdtyView Pro for Ag Professionals
Start Free Trial
We help Commodity Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar