The Latest Breaking News from El Nino

May NY world sugar #11 (SBK24 ) today is down -0.03 (-0.14%), and May London ICE white sugar #5 (SWK24 ) is down -0.10 (-0.02%). Sugar prices are mildly lower today on a +0.2% rally in the dollar index and on news of higher Brazil sugar output in the second...

May NY world sugar #11 (SBK24 ) today is up +0.74 (+3.50%), and May London ICE white sugar #5 (SWK24 ) is up +19.90 (+3.33%). Sugar prices today rallied to a 1-1/2 week high on some short-covering after last week's 2-month low. Sugar prices last week showed weakness on rain...

May NY world sugar #11 (SBK24 ) this morning is down -0.20 (-0.94%), and May London ICE white sugar #5 (SWK24 ) is down -7.90 (-1.31%). Sugar prices this morning are moderately lower on forecasts for rain in Brazil. Forecaster Maxar Technologies said today that moderate rain is expected in...

May NY world sugar #11 (SBK24 ) this morning is down -0.10 (-0.47%), and May London ICE white sugar #5 (SWK24) is down -4.10 (-0.67%). Sugar prices this morning are moderately lower. Expectations for higher sugar production in the European Union (EU) are weighing on prices today after sugar trader...

May NY world sugar #11 (SBK24 ) on Wednesday closed up +0.58 (+2.78%), and May London ICE white sugar #5 (SWK24 ) closed up +16.70 (+2.81%). Sugar prices on Wednesday rose sharply on global supply concerns. Sugar trader Alvean said Wednesday that India's 2024/25 sugar output may drop by -9%...

May NY world sugar #11 (SBK24 ) this morning is up +0.60 (+2.87%), and May London ICE white sugar #5 (SWK24 ) is up +17.20 (+2.89%). Sugar prices this morning are sharply higher on global supply concerns. Sugar trader Alvean said today that India's 2024/25 sugar output may drop by...

May NY world sugar #11 (SBK24 ) on Tuesday closed up +0.27 (+1.31%), and May London ICE white sugar #5 (SWK24 ) closed up +1.30 (+0.22%). Sugar prices on Tuesday recovered from 2-month lows and posted moderate gains. Short-covering emerged in sugar futures Tuesday after BP Bunge Bioenergia projected that...

May NY world sugar #11 (SBK24 ) this morning is up +0.35 (+1.70%), and May London ICE white sugar #5 (SWK24 ) is up +3.80 (+0.64%). Sugar prices this morning recovered from 2-month lows and are moderately higher. Short-covering emerged in sugar futures today after BP Bunge Bioenergia projected that...

The 2023-24 El Nino has peaked as one of the five strongest on record and will continue to impact global climate in the coming months despite a weakening trend, the World Meteorological Organisation said.