Today sugar no.11 opened at 27.48 and gradually increased to 27.57 by 9:30 am. From 9:30 am to 11:30 am, the price remained relatively stable, fluctuating within the 27.36 to 27.44 range. A significant price increase occurred from 11:30 am to 12:55 am, with the price rising from 27.39 to 27.69 amid a strong buyer positioning. The price remained above 27.69 from 1:55 pm to 2:10 pm. A brief drop in price occurred at 2:15 pm, bringing it down to 27.64, but it quickly rebounded to 27.75 by 3:00 pm. The price continued to fluctuate within the 27.70s to 27.80s range until 4:55 pm. Settlement price was 27.77, a +29 points movement from previous settlement. Volume traded was 42k lots and H4K4 spread closed at 1.37 (+3 points up).
Today, sugar no.5 opened at $745.7 and showed a gradual decrease to $745.4 by 9:05 am Between 9:10 am and 10:55 am, the price remained relatively stable, fluctuating in the range of $744.4 to $746.6. A significant price surge occurred between 11:00 am and 1 pm, with the price rising from $744.4 to $757.2 Strong buying activity was observed during this period, and the price remained consistently high. A brief price dip occurred at 4:00 pm, bringing the price down to $755.9, but it quickly rebounded to $757.2 by the end of the trading day. Settlement price was $757.6, up $12.6. Volume traded was 7k lots.
