Daily Sugar Price Tracker with Vanessa Clark
https://www.instagram.com/vanessaclarkipai This is your Sugar podcast. Hey everyone, welcome to another episode of Daily Sugar Price Tracker with Vanessa Clark. I'm your host Vanessa, and today we're diving into the freshest sugar market buzz, including those key trading prices you all love. Let's start with the global spotlight. Raw sugar futures on the ICE hit a three-week high yesterday, climbing to 14.42 cents per pound for US Sugar number 11, up from the previous close of 14.23 cents per pound. That's a solid 1.8 percent jump to 14.36 cents mid-session, peaking at 14.39 cents, as reported by Business Recorder and TradingView. London White Sugar's front month is steady around 437 dollars per ton, while New York's May contract surged over 4 percent. ChiniMandi notes corn futures at 466 and a half and ethanol in Chicago at 1.93, all fueling this momentum. Why the rise? Gasoline prices are soaring to multi-year highs, pushing Brazilian mills to crank out more ethanol from cane, tightening sugar supplies. Add in the Strait of Hormuz disruptions curbing about 6 percent of world sugar trade per Covrig Analytics, and you've got real supply squeezes. India's sugar output hit 275 lakh tonnes as of April 30, up 7 percent year-over-year according to the Economic Times and ISMA, but domestic prices held stable—Muzaffarnagar M-grade at 4020 to 4120 rupees per quintal, Kolhapur S-grade at 3720 to 3770. Ex-mill prices across India? Maharashtra S-grade 3700 to 3720 rupees, Tamil Nadu up to 4200, Gujarat steady at 3861 to 3871. Spot markets show Delhi at 4273 rupees for M-30. Looking ahead, forecasts point to a smaller 2026-27 surplus, potential El Nino droughts in Asia, and Brazil's record production. Keep an eye on energy markets—they're driving this rally. That's your daily sugar fix—prices up, supplies tight, action heating up. Thanks for tuning in, friends—subscribe, share, and catch you next time for more! For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r This content was created in partnership and with the help of Artificial Intelligence AI.
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