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The Latest Breaking News from ISM

Sugar Prices Weighed Down by Abundant Global Supplies

October NY world sugar #11 (SBV24 ) today is down -0.39 (-2.11%), and Oct London ICE white sugar #5 (SWV24 ) is down -7.60 (-1.45). Sugar prices today are moderately lower. Over the past month, sugar prices have been under pressure on signs of larger global supplies. NY sugar posted...

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Sugar Prices Post Moderate Gains on Brazilian Real Strength

October NY world sugar #11 (SBV24 ) on Tuesday closed up +0.10 (0.55%), and Oct London ICE white sugar #5 (SWV24 ) closed up +3.70 (+0.07). Sugar prices Tuesday posted moderate gains on strength in the Brazilian real (^USDBRL). The real rose to a 3-1/2 week high against the dollar...

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Sugar Prices Find Support on Strength in the Brazilian Real

October NY world sugar #11 (SBV24 ) today is up +0.17 (0.93%), and Oct London ICE white sugar #5 (SWV24 ) is up +5.30 (+1.02%). Sugar prices today are moderately higher. Strength in the Brazilian real (^USDBRL ) today has sparked short covering in sugar futures. The real rose to...

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Sugar Prices Fall on Improved Prospects for a Bumper Sugar Crop in India

October NY world sugar #11 (SBV24 ) on Monday closed down -0.19 (-1.03%), and Oct London ICE white sugar #5 (SWV24 ) closed down -6.60 (-1.25%). Sugar prices today are moderately lower on optimism that above-average monsoon rains in India will lead to a bumper sugar crop. The Indian Meteorological...

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Above-Average Monsoon Rain in India Weighs on Sugar Prices

October NY world sugar #11 (SBV24 ) today is down -0.12 (-0.65%), and Oct London ICE white sugar #5 (SWV24 ) is down -4.70 (-0.89%). Sugar prices today are moderately lower on optimism that above-average monsoon rains in India will lead to a bumper sugar crop. The Indian Meteorological Department...

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Sugar Prices Pressured on Optimism Over India's Sugar Crop

October NY world sugar #11 (SBV24 ) on Friday closed down -0.09 (-0.48%), and Oct London ICE white sugar #5 (SWV24 ) closed down -0.60 (-0.11%). Sugar prices Friday fell back from 1-week highs and posted moderate losses on optimism that above-average monsoon rains in India will lead to a...

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Sugar Prices Give Up Early Gains on Ample Monsoon Rain in India

October NY world sugar #11 (SBV24 ) today is down -0.12 (-0.65%), and Oct London ICE white sugar #5 (SWV24 ) is down -0.80 (-0.15%). Sugar prices today fell back from 1-week highs and turned lower on optimism that above-average monsoon rains in India will lead to a bumper sugar...

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Sugar Prices Settle Higher as India Maintains Sugar Export Restrictions

October NY world sugar #11 (SBV24 ) on Thursday closed up +0.43 (+2.27%), and Oct London ICE white sugar #5 (SWV24 ) closed up +12.10 (+2.35%). Sugar prices rallied Thursday after India's Food and Commerce Ministry said it would keep its curbs in place on sugar exports to ensure adequate...

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Sugar Prices Surge as India Maintains Curbs on Sugar Exports

October NY world sugar #11 (SBV24 ) today is up +0.61 (+3.36%), and Oct London ICE white sugar #5 (SWV24 ) is up +16.20 (+3.15%). Sugar prices are sharply higher today after India's Food and Commerce Ministry said it will keep its curbs on sugar exports in place to ensure...

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Sugar Posts Moderate Gains on Strength in the Brazilian Real

October NY world sugar #11 (SBV24 ) Wednesday closed up +0.27 (+1.51%), and Oct London ICE white sugar #5 (SWV24 ) closed up +6.90 (+1.36%). Sugar prices Wednesday posted moderate gains due to the strength of the Brazilian real (^USDBRL ). Short covering emerged in sugar futures Wednesday after the...

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Strength in the Brazilian Real Sparks Short Covering in Sugar Futures

October NY world sugar #11 (SBV24 ) today is up +0.29 (+1.62%), and Oct London ICE white sugar #5 (SWV24 ) is up +7.10 (+1.40%). Sugar prices today are posting moderate gains due to the strength of the Brazilian real (^USDBRL ). Short covering emerged in sugar futures today after...

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Sugar Prices Weighed Down as India Sugar Crop Prospects Improve

October NY world sugar #11 (SBV24 ) Tuesday closed down -0.21 (-1.16%), and Oct London ICE white sugar #5 (SWV24 ) closed down -8.30 (-1.61%). Sugar prices on Tuesday posted moderate losses and are just above Monday's significant lows. NY sugar on Monday fell to a 1-3/4 year nearest-futures low,...

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Sugar Prices Pressured by Improved Prospects for a Bumper India Sugar Crop

October NY world sugar #11 (SBV24 ) today is down -0.26 (-1.44%), and Oct London ICE white sugar #5 (SWV24 ) is down -8.20 (-1.59%). Sugar prices today are trading just above Monday's major lows. NY sugar on Monday fell to a 1-3/4 year nearest-futures low, and London sugar dropped...

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Stock Index Futures Rebound as U.S. Recession Fears Ease

September S&P 500 E-Mini futures (ESU24) are up +0.55%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.56% this morning, signaling a partial rebound from yesterday’s dramatic selloff as a hotter-than-expected ISM services report and comments from Federal Reserve officials eased fears of a recession, while investors looked ahead…

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Sugar Prices Undercut by India Sugar Crop Optimism

October NY world sugar #11 (SBV24 ) on Monday closed down -0.02 (-0.11%), and Oct London ICE white sugar #5 (SWV24 ) closed up +0.10 (+0.02%). Sugar prices Monday posted significant lows as NY sugar fell to a 1-3/4 year nearest-futures low, and London sugar dropped to a 2-1/3 year...

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Dollar Weakness Sparks Short Covering in Sugar Futures

October NY world sugar #11 (SBV24 ) today is up +0.05 (+0.28%), and Oct London ICE white sugar #5 (SWV24 ) is up +2.90 (+0.56%). Sugar prices today recovered from early losses and turned higher after a fall in the dollar index (DXY00 ) to a 6-3/4 month low sparked...

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US Services Sector Strengthens After June Contraction

Learn about the recent rebound in the ISM services sector and its implications for the US economy amidst economic volatility.

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Sugar Prices Settle Lower on Crop Optimism in India

October NY world sugar #11 (SBV24 ) on Friday closed down -0.40 (-2.16%), and Oct London ICE white sugar #5 (SWV24 ) closed down -7.70 (-1.47%). Sugar prices posted moderate losses on Friday, with NY sugar falling to a 1-week low and London sugar tumbling to a 9-month nearest-futures low....

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Sugar Prices Tumble on India Sugar Crop Optimism

October NY world sugar #11 (SBV24 ) today is down -0.42 (-2.27%), and Oct London ICE white sugar #5 (SWV24 ) is down -8.00 (-1.53%). Sugar prices today are moderately lower, with NY sugar falling to a 1-week low and London sugar tumbling to a 9-month nearest-futures low. The outlook...

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Sugar Prices Settle Lower on the Prospects of Abundant Monsoon Rain in India

October NY world sugar #11 (SBV24 ) on Thursday closed down -0.44 (-2.32%), and Oct London ICE white sugar #5 (SWV24 ) closed down -11.50 (-2.15%). Sugar prices retreated Thursday on the outlook for above-average monsoon rains in India to boost its sugar crop. The India Meteorological Department today forecast...

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Sugar Prices Tumble on Forecasts for Above-Average Monsoon Rain in India

October NY world sugar #11 (SBV24 ) today is down -0.44 (-2.32%), and Oct London ICE white sugar #5 (SWV24 ) is down -11.10 (-2.07%). Sugar prices today are sliding on the outlook for above-average monsoon rains in India to boost its sugar crop. The India Meteorological Department today forecast...

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Sugar Prices Close Lower as Global Supply Concerns Ease

October NY world sugar #11 (SBV24 ) on Wednesday closed down -0.18 (-0.94%), and Oct London ICE white sugar #5 (SWV24 ) closed down -3.60 (-0.67%). Sugar prices Wednesday fell back from 1-1/2 week highs and closed moderately lower as global supply concerns eased. Above-normal monsoon rain in India, the...

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Sugar Prices Slide as Global Supply Concerns Ease

October NY world sugar #11 (SBV24 ) today is down -0.24 (-1.26%), and Oct London ICE white sugar #5 (SWV24 ) is down -4.80 (-0.89%). Sugar prices today fell back from 1-1/2 week highs and are moderately lower as global supply concerns ease. Above-normal monsoon rain in India, the world's...

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Sugar Posts Moderate Gains on Signs of Lower Sugar Output in India

October NY world sugar #11 (SBV24 ) Tuesday closed up +0.11 (+0.58%), and Oct London ICE white sugar #5 (SWV24 ) closed up +1.90 (+0.35%). Sugar prices on Tuesday climbed to 1-week highs and posted moderate gains after the Indian Sugar and Bio-energy Manufacturers Association (ISM) projected India's 2024/25 sugar...

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Weak US Economic News and Euro Strength Weighs on the Dollar

The dollar index (DXY00 ) today is down by -0.25%. The dollar today is moderately lower due to the strength of the euro. Losses in the dollar accelerated after the US Jun ISM manufacturing index and May construction spending unexpectedly declined. Dollar losses are limited due to higher bond yields...

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