Account
New to ADSS? Open an
account now to get started.
Already have an account?
Add funds to your ADSS account
Account
New to ADSS? Open an
account now to get started.
Add funds to your ADSS account
Sugar No. 11 NY price chart, background, and sentiment |
 |
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Sugar No. 11 NY is a raw sugar futures contract traded on the Intercontinental Exchange (ICE) in New York. As the world’s most widely traded sugar futures contract, it serves as the global benchmark for raw sugar trading.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Sugar No. 11 NY is a contract capturing the price of raw sugar from 29 countries, primarily in the Caribbean, and Central and South America. The largest producers are Brazil, India, and Thailand. This contract is for raw, centrifugal cane sugar based on 96-degree average polarisation, a technical measure of the purity of raw sugar.
Sugar prices are influenced by many factors including global supply and demand, weather conditions in major growing regions, and government policies affecting agriculture and trade. Brazil, as the world’s largest sugar producer and exporter, has a significant impact on global sugar prices, particularly through its domestic ethanol policies which affect the amount of sugarcane used for sugar versus ethanol production. Other factors affecting sugar prices include changes in consumption patterns, health concerns about sugar intake, and competition from alternative sweeteners. Macroeconomic factors such as currency exchange rates, particularly the Brazilian real and the US dollar, can also impact sugar prices. Additionally, energy prices can influence sugar prices through their effect on ethanol production and general agricultural input costs.
Enjoy highly competitive CFD pricing across global markets.
Trade CFDs globally and locally across asset classes.
Benefit from using our comprehensive and customisable trading platform.
Platform
ADSS
8th floor, CI Tower
Corniche Road
PO Box 93894
Abu Dhabi
United Arab Emirates
Trading Services
ts@adss.com
+971 2 657 2414
Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.
ADS Securities LLC – S.P.C (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates under First Category: Dealing in Securities and Fifth category: Arrangement and advice (Introduction). ADSS is a Limited Liability Company – Sole Proprietorship Company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
The information presented is not directed at residents of any particular country outside the United Arab Emirates and is not intended for distribution to, or use by, any person in any country where the distribution or use is contrary to local law or regulation.
ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.
