๐ Sugar Futures Reverse Course โ Selling Pressure Returns Near Key Resistance
On 12 May 2025, ICE Sugar No. 5 futures
retreated from multi-session highs, with the
August 2025 contract falling 0.99% to USD 495.00/t (EUR 459.35/t). Despite last weekโs strength, renewed selling pressure near the
USD 500/t resistance indicates market hesitation. Meanwhile,
EU FCA spot prices remain unchanged at EUR 0.56โ0.59/kg, deepening the disconnection with falling global benchmarks.
๐ ICE Sugar No.5 โ Closing Summary (12.05.2025)
(Exchange rate: 1 USD = 0.928 EUR)
๐ช๐บ EU Market Snapshot
๐
FCA spot prices unchanged at
EUR 0.55โ0.58/kg (steady for over a week).๐ EU importers remain hesitant to adjust, despite a clear downward trend on ICE.๐ฆ No significant volume reported from third-country imports or forward deals.
๐ Current 1โฏkg Retail Sugar Prices (as of 12.05.2025)
Latest verified via file upload
๐ Price Comparison Table
๐ฎ 3-Day Price Forecast (13โ15 May 2025)
๐
Outlook:Technicals suggest a correction phase below
USD 500/t.Without stronger physical demand or weather triggers, upside appears limited.
๐งญ Conclusion & Strategy
โ Rally ran into predictable resistance at USD 500/t.๐ Disconnect between ICE futures and EU spot prices widens.๐๏ธ Retail shelf prices show
no pass-through effects yet.
๐ Recommendations:
- ๐ Buyers: Push harder on FCA deals โ futures correction supports better terms.
- ๐ฆ Sellers: Avoid pricing above EUR 0.60/kg โ buyers have alternatives.
- ๐ Traders: Watch volume; if selling accelerates below 490 USD/t, expect further drop.
๐
Summary:The sugar market is testing its ceiling, but no follow-through.Momentum fading, and the EU market remains inert.
