Today, May ’24, opened at 22.65, marking a 13-point increase from last Thursday’s settlement, commencing at 12h30 late opening with the London market closed. Following the opening, the market initially experienced a downward movement, dropping to 22.53 within the first 5 minutes. However, it subsequently recovered with sporadic volume peaks throughout the day. The first notable peak, occurring around 12h00, pushed the market above 22.70, followed by three additional increases within a 30-minute span, reaching the day’s high at 22.91 around 13h30. The market maintained these levels for the next hour, with a drop around 15:00 that had recovered, returning to around 22.80 where it remained until the closing minutes. A subsequent selling movement caused prices to drop once more, making the May’24 to close valued at 22.72, an increase of 0.2 cUSD/lb (+0.89%) against last day close, with the White premium at 151.61 , and the K4/N4 spread at 0.37.
Sugar market No.5 is closed due to Easter Monaday holiday
