Sugar No 11

1923.4
0.00%

Daily
  • L. 1923.4
  • H. 1927.4
  • Ch. 0.0
  • Ch.% 0.00%
Overview
Costs & Margins
  • Sugar No 11 is the name of futures contract that is considered the benchmark for all futures and options contracts of sugar traded on the Chicago Mercantile Exchange (CME).

    Sugar production takes place mostly in tropical and subtropical climates in countries like Brazil, India, China, Thailand and Australia. While changes in climate are the most significant variables to sugar production, other factors also influence the commodity’s price. Government regulation of sugar content in foods or product labelling in large markets can change the demand for sugar. Sugar’s increasing use in biofuel production also influences its price.

    A single contract of sugar represents 112,000 pounds of unrefined can sugar.

  • Margin From
    10.0 %
  • Trading Hours
    7:30:00 AM - 5:00:00 PM
  • Min Trade Size
    1
  • Long
    0
  • Short
    0
  • Min Stop Distance
    0.0 Points
  • Guaranteed Order Minimum
    0.1 Points
  • Spreads
  • Spreads From
    2.0 Points
  • Margins
  • 0 - 81 000
    10.0 %
  • 81 000 +
    24.0 %
  • Dealing
  • Spreads
    2.0 Points
  • Guaranteed Order Min Distance
    0.1 Points
  • Margins
  • 0 - 81 000
    10.0 %
  • 81 000 +
    24.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
1934.1
Bid
1921.9
Offer
1924.9
Distance
0
Last Updated: 7/12/2024 5:00:00 PM
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