Sugar prices gain momentum this Friday (14) and prices rise more than 1% in NY and London

Published Feb 14, 2025

Tridge summary

Sugar futures on the New York and London stock exchanges have seen a significant increase, with prices rising by over 1%. The March/25 contract on the New York Stock Exchange increased by 0.26 cents, trading at 20.43 cents/lbp (+1.29%). Similarly, the May/25, July/25, and October/25 contracts also experienced gains. In London, the May/25 contract saw an increase of US$ 6.90, quoted at US$ 536.30 per tonne (+1.30%). The August/25 and October/25 contracts also experienced similar price hikes.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sugar futures on the New York and London stock exchanges are posting gains of over 1%. Prices had started this Friday (14) close to stability after the previous day's gains, but gained strength and increased their gains during the session. At around 12:00 pm (Brasília time), the March/25 contract on the New York Stock Exchange was up 0.26 cents, trading at 20.43 cents/lbp (+1.29%). May/25 was up 0.28 cents, trading at 19.12 cents/lbp (+1.49%). July/25 was up 0.26 cents, to 18.71 cents/lbp (+1.41%), while October/25 was up 0.22 cents, trading at 18.73 cents/lbp (+1.19%). In London, the May/25 contract was ...

Source: NoticiasAgricolas