Sugar Extends Recovery as Brazil Faces More Harvest Rain (29 October 2026)
Sugar rose for a third consecutive session on Thursday, but both benchmarks gave back much of their intraday advance. March raws settled 0.67% higher at 19.47 cents/lb, while December whites gained 0.36% to $527.60/tonne. Both made higher highs and higher lows, yet finished in the lower third of their daily ranges.
| Contract | Settlement | Daily change | Session range |
|---|---|---|---|
| Raw sugar March 2027 | 19.47¢/lb | +0.13¢ / +0.67% | 19.34–19.80¢ |
| White sugar December 2026 | $527.60/t | +$1.90 / +0.36% | $524.40–538.30 |
March raws reached 19.80 cents but retreated by 0.33 cent from that peak. December whites climbed to $538.30, completing Monday’s $529.70–531.50 gap during trading, before settling below the entire gap. New York’s 19.89–20.02-cent gap remained untouched, and neither benchmark held above Wednesday’s high by settlement.
May raws gained 0.14 cent to 18.95 cents and July added 0.11 cent to 18.53. March whites rose $4.00 to $542.70/tonne and May advanced $4.10 to $547.60, outperforming December.
With Friday still to trade, March raws remained 3.80% below the previous Friday’s settlement and December whites 1.35% lower. The three-session recovery has regained approximately 32% and 63% of Monday’s respective losses.
