Where are sugar futures traded?
London International Financial Futures Exchange
Futures on white sugar are traded on the London International Financial Futures Exchange and call for the delivery of 50 metric tons of white beet sugar, cane crystal sugar, or refined sugar of any origin from the crop current at the time of delivery.
What is the current price of sugar?
Sugar Price Live
| Last Price | Change | High |
|---|---|---|
| 3136 | 0.00 | 3050 |
How do I buy sugar on the stock market?
If you prefer investing in an ETF that trades sugar futures contracts, check out the iPath Pure Beta Sugar (NYSE: SGAR) and Teucrium Sugar Fund (NYSE: CANE). Both ETFs trade on the New York Stock Exchange and you can buy or sell shares through your online trading account.
What is the difference between sugar 11 and sugar 16?
Sugar no. 11 is the main commodity futures contract traded, while sugar no. 16 is used for the delivery of cane sugar of U.S. or duty-free origin, delivered in bulk to New York, Baltimore, Galveston, New Orleans or Savannah. One sugar futures contract represents 112,000 pounds of raw cane sugar.
Can I buy stock in sugar?
Is there a sugar ETF?
Sugar ETF Overview With 2 ETFs traded on the U.S. markets, Sugar ETFs have total assets under management of $44.59M. The average expense ratio is 1.17%. Sugar ETFs can be found in the following asset classes: Commodities.
Which is best sugar stocks?
Sugar stocks rally on strong outlook; Triveni, Balrampur hit new highs
| COMPANY | LATEST | PREV CLOSE |
|---|---|---|
| EID Parry | 477.40 | 455.35 |
| Mawana Sugars | 83.50 | 79.95 |
| Sh.Renuka Sugar | 31.75 | 30.40 |
| Ugar Sugar Works | 31.45 | 30.25 |
What is the delivery period for white sugar?
White beet, cane crystal sugar or refined sugar of the crop current at the time of delivery. Fifteen calendar days preceding the first day of the delivery period (if not a business day then the first business day following). Delivery period is the specified delivery month and the following delivery month.
What are white sugar futures?
White Sugar Futures 1 Description. The White Sugar futures contract is used as the global benchmark for the pricing of physical white sugar. 2 Market Specifications. FOB and stowed in vessel’s hold in a designated port in one of the following countries of origin:… More
How is sugar traded?
Sugar is often traded using futures – contracts in which you agree to exchange a set amount of the underlying commodity at a set price on a set date. These contracts are traded on futures exchanges, such as the Intercontinental Exchange (ICE). There are other ways that you can gain exposure to the sugar market.
What is the future of the sugar market?
According to global researchers, the sugar market will be worth more than $52.9 billion by 2022. 1 Produced from sugarcane or sugar beets, it’s used for much more than just sweetening food stuffs – everything from skin products to fossil fuel alternatives.