Sugar PRICE Today | Sugar Spot Price Chart | Live Price of Sugar per Ounce | Markets Insider (2024)

0.21 00.73%

01:00:00 PM EDT 12/22/2023MI Indication

Plus500. 81% of retail CFD accounts lose money

Historical Prices for Sugar

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Unit conversion for Sugar Price Today

ConversionSugar PricePrice
1 Pound = 16 OuncesSugar PricePer 1 Ounce0.01 USD
1 Pound ≈ 0,453 KilogramsSugar PricePer 1 Kilogram0.46 USD

Agriculture

NamePrice%UnitDate
Cotton0.800.99USD per lb.12/22/23 02:20 PM
Oats3.59-1.64USD per Bushel12/22/23 02:15 PM
Lumber557.00-1.15USD per 1.000 board feet12/22/23 04:05 PM
Coffee1.940.52USD per lb.12/22/23 01:30 PM
Cocoa3,576.000.20GBP per Ton12/21/23 11:55 AM
Live Cattle1.70-0.07USD per lb.12/22/23 02:05 PM
Lean Hog0.711.03USD per lb.12/22/23 02:05 PM
Corn4.730.05USD per Bushel12/22/23 02:20 PM
Feeder Cattle2.230.44USD per lb.12/22/23 02:05 PM
Milk16.090.00USD per cwt.sh.12/22/23 12:01 PM
Orange Juice3.33-3.30USD per lb.12/22/23 01:59 PM
Palm Oil3,677.000.08MYR per Ton12/22/23 06:49 AM
Rapeseed430.000.29EUR per Ton12/22/23 12:30 PM
Rice17.410.40USD per cwt.12/22/23 02:20 PM
Soybean Meal399.201.04USD per Ton12/22/23 02:20 PM
Soybeans13.000.25USD per Bushel12/22/23 02:20 PM
Soybean Oil0.48-1.12USD per lb.12/22/23 02:20 PM
Wheat221.75-0.11EUR per Ton12/22/23 12:30 PM
Sugar0.210.73USD per lb.12/22/23 01:00 PM

Sugar

Sugar (sucrose) is a product of sugar beet and sugar cane. The sugar obtained from sugar beet does not differ from the cane sugar obtained from sugar cane in terms of its chemical and physical properties. Commercial white granulated sugar consists of the four types of sugar: glucose, dextrose, fructose and lactose. Like all types of sugar, it is also a carbohydrate. (read more)

Sugar is produced primarily in Brazil, India and China. Sugar is also produced in Europe in countries such as France, Germany and Poland. Their significance is far lower than that of the countries named first, however. Around 75 per cent of global quantities of sugar are obtained from sugar cane. Sugar cane requires both periods with lots of rain and periods of heat and dryness in order to grow, for which reason it is cultivated primarily in tropical and subtropical areas. In contrast, sugar beet requires moderate temperatures all year round and evenly distributed quantities of rain, for which reason it is cultivated primarily in Russia and the EU. In Europe, the sugar beet is still a relatively young crop; it has only been used to produce sugar for around 200 years. Because the sugar beet plant is dependent on seasonal cycles, the price for the sugar obtained from it is subject to greater fluctuations than cane sugar.

In Brazil, sugar cane is also used as an energy crop. Around half of Brazil’s sugar cane output is not processed into sugar but is instead used as fuel for cars. Sugar also accounts for more than 60 per cent of global ethanol output. For the southern countries, the promotion of the domestic ethanol industry also means the creation of jobs for the rural, but also for the highly qualified population. For this reason, many sugar-producing countries also have their own ethanol production industry. At the same time, these countries are also not affected by the fluctuating prices for sugar and crude oil.

The most important trading venues for sugar are the New York Board of Trade (CSCE), the London International Financial Futures and Options Exchange, the Chicago Board of Trade, the Bolsa de Mercadorias & Futuros, the Kansai Commodities Exchange and the Tokyo Grain Exchange.

This snippet is quite the information mix! The first part seems to detail stock market-related data, with numbers referring to different time points, stock values, and news headlines. Then, there's a section devoted to Sugar, mentioning its production, global distribution, and significance in regions like Brazil, India, China, and Europe. It touches on the distinction between sugar cane and sugar beet, their cultivation requirements, and how these affect market prices. There's also insight into sugar's dual use in Brazil for energy and ethanol production, impacting the country's economy and job market.

The latter part lists various agricultural commodities, detailing their current market prices, measured units, and recent fluctuations. From cotton and oats to coffee, cocoa, and live cattle, it's a diverse array of agricultural products and their current market standings. Finally, there are snippets from recent articles covering topics like Nike's warnings in China, the bond market's impact on housing and the US debt, China's crackdown on online gaming, and Jeremy Grantham's perspective on stock market optimism.

This eclectic mix seems to merge financial markets, commodity pricing, and global economic insights into one melting pot. If you have specific questions about any part of this information, I'm here to dive deeper!

Sugar PRICE Today | Sugar Spot Price Chart | Live Price of Sugar per Ounce | Markets Insider (2024)
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