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The Latest Breaking News from NY

Resilient Global Cocoa Demand Pushes Cocoa Prices Higher

May ICE NY cocoa (CCK25 ) Monday closed up +445 (+5.32%), and May ICE London cocoa #7 (CAK25 ) did not trade with markets in London closed for the Easter Monday holiday. May NY cocoa rallied sharply to a 2-week high Monday on positive carryover from last week's news that...

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Sugar Prices Slip on Risk-Off Sentiment in Asset Markets

May NY world sugar #11 (SBK25 ) today is down -0.13 (-0.73%), and August London ICE white sugar #5 (SWQ25 ) is not trading with markets closed in London for the Easter Monday holiday. NY sugar fell from a 1-week high today and turned lower as a sell-off in equity...

Barchart

Better-Than-Expected Global Cocoa Demand Supports Prices

May ICE NY cocoa (CCK25 ) today is up +402 (+4.81%), and May ICE London cocoa #7 (CAK25 ) is not trading with markets in London closed for the Easter Monday holiday. May NY cocoa rallied to a 2-week high today and are sharply higher on positive carryover from last...

Barchart

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Sugar Prices Post Moderate Gains on Reduced Sugar Output in India

May NY world sugar #11 (SBK25 ) on Thursday closed up +0.07 (+0.39%), and August London ICE white sugar #5 (SWQ25 ) closed up +1.60 (+0.32%). On Thursday's news of reduced sugar output in India, sugar prices posted moderate gains. The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) reported today...

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Strength in Global Demand Pushes Cocoa Prices Sharply Higher

May ICE NY cocoa (CCK25 ) Thursday closed up +269 (+3.32%), and May ICE London cocoa #7 (CAK25 ) closed up +241 (+4.13%). Cocoa prices on Thursday posted sharp gains on signs of better-than-expected global cocoa demand. Q1 European cocoa grindings fell -3.7% y/y to 353,522 MT, a smaller decline...

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Sugar Prices Climb on Reduced Sugar Output in India

May NY world sugar #11 (SBK25 ) today is up +0.08 (+0.45%), and August London ICE white sugar #5 (SWQ25 ) is up +2.20 (+0.44%). Sugar prices today are moderately higher on news of reduced sugar output in India. The Indian Sugar and Bio-Energy Manufacturers Association reported today that India's...

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Cocoa Prices Rebound on Better-Than-Expected Cocoa Demand

May ICE NY cocoa (CCK25 ) today is up +269 (+3.32%), and May ICE London cocoa #7 (CAK25 ) is up +220 (+3.77%). Cocoa prices jumped today on signs of better-than-expected global cocoa demand. Q1 European cocoa grindings fell -3.7% y/y to 353,522 MT, a smaller decline than expectations for...

Barchart

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From Relatable To Absurd: 28 Witty One-Panel Comics By The New Yorker Cartoonist

Ali Solomon, a Queens, NY-based cartoonist and writer, resides with her husband, two daughters, and an extensive collection of comic books. Since 2018, she has been a regular contributor to the New Yorker.

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Dollar Weakness Fuels Short Covering in Sugar Futures

May NY world sugar #11 (SBK25 ) Wednesday closed up +0.34 (+1.94%), and August London ICE white sugar #5 (SWQ25 ) closed up +7.20 (+1.47%). Sugar prices Wednesday rose moderately as a weaker dollar (DXY00 ) sparked short-covering in sugar futures. Sugar prices have been on the defensive this week,...

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Short Covering Pushes Cocoa Prices Higher

May ICE NY cocoa (CCK25 ) Wednesday closed up +94 (+1.17%), and May ICE London cocoa #7 (CAK25 ) closed up +52 (+0.90%). Cocoa prices recovered from early losses on Wednesday and settled moderately higher as a weaker dollar (DXY00 ) sparked short covering in cocoa futures. Last Wednesday, NY...

Barchart

Sugar Prices Rebound on Dollar Weakness

May NY world sugar #11 (SBK25 ) today is up +0.32 (+1.83%), and August London ICE white sugar #5 (SWQ25 ) is up +6.70 (+1.37%). Sugar prices today are moderately higher as a weaker dollar (DXY00 ) sparked short-covering in sugar futures. Sugar prices have been on the defensive this...

Barchart

Dollar Weakness Spurs Short Covering in Cocoa Futures

May ICE NY cocoa (CCK25 ) today is up +21 (+0.26%), and May ICE London cocoa #7 (CAK25 ) is up +50 (+0.86%). Cocoa prices today recovered from early losses and moved moderately higher as a weaker dollar (DXY00 ) sparked short covering in cocoa futures. Last Wednesday, NY cocoa...

Barchart

Sugar Prices Sink on the Outlook for Ample Monsoon Rains in India

May NY world sugar #11 (SBK25 ) Tuesday closed down -0.35 (-1.96%), and May London ICE white sugar #5 (SWK25 ) closed down -14.30 (-2.71%). Sugar prices retreated Tuesday, with NY sugar posting a 2-1/2 year nearest-futures low and London sugar posting a 2-3/4 month low. The outlook for abundant...

Barchart

Cocoa Prices Retreat on Slack Demand

May ICE NY cocoa (CCK25 ) Tuesday closed down -245 (-2.97%), and May ICE London cocoa #7 (CAK25 ) closed down -183 (-3.06%). Cocoa prices on Tuesday settled moderately lower and added to Monday's losses on signs of weak cocoa demand. Malaysia reported a -15.3% y/y decline in Q1 cocoa...

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Expectations for Ample Monsoon Rains in India Sends Sugar Prices Tumbling

May NY world sugar #11 (SBK25 ) today is down -0.31 (-1.73%), and May London ICE white sugar #5 (SWK25 ) is down -16.30 (-3.09%). Sugar prices today are falling, with NY sugar posting a 7-3/4 month nearest-futures low and London sugar posting a 2-3/4 month low. The outlook for...

Barchart

Signs of Weak Demand Are Weighing on Cocoa Prices

May ICE NY cocoa (CCK25 ) today is down -232 (-2.81%), and May ICE London cocoa #7 (CAK25 ) is down -161 (-2.70%). Cocoa prices today are moderately lower and added to Monday's losses on signs of weak cocoa demand. Malaysia reported a -15.3% y/y decline in Q1 cocoa processing...

Barchart

Demand Worries Undercut NY Sugar Prices

May NY world sugar #11 (SBK25 ) Monday closed down -0.13 (-0.72%), and May London ICE white sugar #5 (SWK25 ) closed up +4.40 (+0.84%). Sugar prices on Monday settled mixed, with NY sugar falling to a 2-3/4 month low. Sugar prices are under pressure due to worries that demand...

Barchart

Cocoa Prices Retreat on Demand Concerns

May ICE NY cocoa (CCK25 ) Monday closed down -264 (-3.10%), and May ICE London cocoa #7 (CAK25 ) closed down -237 (-3.82%). Cocoa prices retreated on Monday on signs of weak cocoa demand. Malaysia reported Monday a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT, and Brazil...

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Barchart

Sugar Prices Decline on Demand Worries

May NY world sugar #11 (SBK25 ) today is down -0.11 (-0.61%), and May London ICE white sugar #5 (SWK25 ) is down -2.10 (-0.40%). Sugar prices today are moderately lower, with NY sugar falling to a 2-3/4 month low. Sugar prices are under pressure due to worries that demand...

Barchart

Demand Concerns Weigh on Cocoa Prices

May ICE NY cocoa (CCK25 ) today is down -265 (-3.11%), and May ICE London cocoa #7 (CAK25 ) is down -237 (-3.82%). Cocoa prices today are falling on signs of weak cocoa demand. Today, Malaysia reported a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT, and Brazil...

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DOJ Ignores Court Ordered Deadline for Plan to Return Wrongly Deported Man: 'Is Anyone Moving With Any Kind of Speed?'

The Department of Justice failed to meet the Supreme Court's deadline to provide a plan to return a Maryland resident wrongly deported to El Salvador.

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Demand Concerns Undercut Sugar Prices

May NY world sugar #11 (SBK25 ) Friday closed down -0.12 (-0.66%), and May London ICE white sugar #5 (SWK25 ) closed down -0.90 (-0.17%). Sugar prices Friday gave up an early advance and posted moderate losses on demand concerns. On Wednesday, NY sugar posted a 5-week low, and London...

Barchart

Cocoa Prices Finish Sharply Higher on a Slumping Dollar

May ICE NY cocoa (CCK25 ) Friday closed up +423 (+5.23%), and May ICE London cocoa #7 (CAK25 ) closed up +221 (+3.69%). Cocoa prices Friday settled sharply higher as a selloff in the dollar (DXY00 ) to a 3-year low prompted short-covering in cocoa futures. Friday's rally in the...

Barchart

Sugar Prices Turn Lower on Demand Concerns

May NY world sugar #11 (SBK25 ) today is down -0.16 (-0.88%), and May London ICE white sugar #5 (SWK25 ) is down -2.80 (-0.53%). Sugar prices today gave up an early advance and turned lower on demand concerns. On Wednesday, NY sugar posted a 5-week low, and London sugar...

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