Raw Sugar Slips Below 18¢, Then Settles at 18.22¢ (12 November 2026)
March raw sugar fell 0.26 cent, or 1.41%, to 18.22 cents/lb, giving back two-thirds of Wednesday’s gain. It reached 18.56 shortly after opening, then fell to 17.96 in late European morning trading, just 0.04 cent above Tuesday’s low. It recovered 0.26 cent from the low and last traded at its settlement. May lost 0.23 cent to 17.72 and July fell 0.21 cent to 17.38. Every listed raw contract settled lower.
December white sugar fell $1.70, or 0.33%, to $509.90/tonne in its penultimate session. It recovered from $501.10 to a late high of $512.60 and last traded at $509.70. March fell $5.70 to $514.80 after touching $507.00, its lowest since 22 September. May lost $6.00 to $516.30. The March and May declines were more than three times December’s in dollar terms.
Dealers reported weak physical demand. March raws and the December and March white contracts hit their lows between 11:00 and 11:30 London time while crude was down. Sugar recovered from those lows as crude reversed higher, while the Brazilian real weakened sharply. Raws recovered from below 18.00 but settled back below Monday’s 18.44 high, a level Wednesday’s rebound had reclaimed.
