๐ Sugar Futures Break Out โ Strongest Daily Gain Since March
On 13 May 2025, ICE Sugar No.5 surged across the curve, led by the
August 2025 contract, which jumped
2.90% to USD 509.80/t (EUR 472.09/t). This is the strongest single-day gain in nearly two months, driven by technical breakouts, fund inflows, and rising energy markets. Despite the rally,
EU FCA spot prices remain fixed at EUR 0.56โ0.59/kg, further widening the physicalโfutures gap.
๐ ICE Sugar No.5 โ Closing Summary (13.05.2025)
(Exchange rate: 1 USD = 0.926 EUR)
๐ช๐บ EU Market Snapshot
๐
FCA spot prices remain unchanged at
EUR 0.56โ0.59/kg.๐ Despite rising futures, no adjustments by EU refiners or sellers.๐ฆ Market contacts report continued buyer resistance above EUR 0.60/kg.
๐๏ธ Current 1โฏkg Retail Sugar Prices (as of 13.05.2025)
(
verified via file upload)
๐ Price Comparison Table
๐ฎ 3-Day Price Forecast (14โ16 May 2025)
๐
Outlook:The breakout above USD 500/t opens the door for further technical buying. But without a shift in physical demand, the upside remains vulnerable.
๐งญ Conclusion & Strategy
โ
Strong bullish signal triggered โ short-covering likely fueled gains.๐ Physical market not responding; EU prices unchanged.๐๏ธ Retail levels show no pressure from the wholesale side โ margin remains stable.
๐ Recommendations:
- ๐ Buyers: Monitor closely โ new offers likely to emerge above EUR 0.58/kg.
- ๐ฆ Sellers: Hedge opportunistically above USD 510/t; market strength may not last.
- ๐ Traders: Watch next resistance at USD 514โ515/t โ profit-taking risk grows.
๐
Summary:Momentum returns to the sugar market โ but fundamentals havenโt changed. Smart positioning is needed.
