Sugar Market Slips Further โ Traders Await Direction Below USD 490
On 19 May 2025, ICE Sugar No.5 futures closed slightly lower again, continuing the downward drift. The
August 2025 contract lost 0.12% to USD 489.50/t (EUR 455.23/t). The market lacks clear momentum, while
EU spot sales remain stalled and
retail prices across Europe show no signs of adjustment.
๐ ICE Sugar No.5 โ Closing Summary (19.05.2025)
(Exchange rate: 1 USD = 0.93 EUR)
๐ช๐บ EU Market Snapshot โ Flat FCA Prices Persist
๐ FCA spot quotes remain unchanged at
EUR 0.56โ0.59/kg.๐ No active export or industrial buying reported on Monday.๐ฉ๐ช German refiners still quote above EUR 0.60/kg, but
volume flows mostly through Poland and Benelux.๐ง A few brokers report softening inquiries for Q3, but no meaningful forward volume.
๐๏ธ Retail Sugar Prices (1 kg, as of 19.05.2025)
๐ Market Comparison Table
๐ฎ 3-Day Forecast (20โ22 May 2025)
๐
Outlook:Futures may drift sideways near current levels. No sign of trend reversal as volume thins and EU remains quiet.
๐งญ Conclusion & Strategy
๐ Sugar futures edge lower, lacking direction.๐ฆ Physical spot market remains disconnected.๐๏ธ Retail shelf prices steady; no pass-through.
๐ Recommendations:
- ๐ Buyers: Continue negotiating below EUR 0.57/kg.
- ๐ฆ Sellers: Volume pricing may help secure Q3 deals.
- ๐ Traders: Flat market โ wait for fresh volume signal or Brazil harvest update.
๐
Summary:Another quiet session in a market losing momentum. The EU remains frozen as global prices drift.
