Sugar Futures Stable, Open Interest Rises
Update: 2026-01-05
Description
Sugar futures on the Intercontinental Exchange started strong this Monday, with the March 2026 contract closing at 14.72 cents per pound. Nearby contracts like May and July 2026 also saw slight increases, while deferred contracts like March 2027 climbed towards 16 cents per pound. Trading volume was lighter than usual, suggesting profit-taking after last weeks action. However, open interest increased by 6,162 contracts, indicating fresh bets on sugars direction, possibly due to global supply concerns. Sugar remains sensitive to weather in Brazil and demand from sweets makers, so stay tuned for any significant price movements by the close. Checkout Solipillow.com
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