Daily Market Price Updates and Commentary 11th March 2026

Raw Sugar Update 

There was buying around for the opening which popped May’26 up to 14.52, however the interest was brief and soon afterwards there was a retreat to 14.34. Interest was far lower than recent days in line with a calmer macro picture, and while there remains much potential for additional volatility this pause will be welcomed by some as a chance to reassess following the events of the past week and a half. The rest of the morning saw some small trader interest but little else with the only widening of the early range being a dip to 14.30, and the arrival of US specs could not enthuse the situation with the market continuing sideways for a while longer. Despite mild gains for the energy sector there was no fresh buying interest appearing and so mid afternoon saw specs bring some moderate selling back to the market and knock May’26 down to 14.18. The push had an impact on spreads with May/Jul’26 slipping further to -0.17 points, though price then turned around having held just a single point above yesterdays low mark. May’26 remained away from the lows through a calm final hour, eventually reaching settlement at 14.25 to bring the curtain down on a calmer session.

White Sugar Update

A higher opening was soon erased, however the early part of the day generally played out a small distance above last hights values with underlying consumer buying interest providing sufficient support in a lower volume environment. This pattern maintained for several hours with the market remaining above $417.90 through into the early afternoon, only then did some fresh selling materialise to end the stalemate and break prices into fresh ground. Scale pricing orders were filled in as May’26 worked down into fresh daily ground with the trend continuing throughout the remainder of the session to return values back to the heart of this month’s range. May/Aug’26 saw a steady volume with its value levelling out somewhat in the $-5.00 area following recent turbulence, though other spreads were quiet sparsely traded. White premiums meanwhile softened by a dollar or two over the course of the day, ending near to their lows when the late whites selling was not replicated through No.11, May/May’26 valued at $99.50 and Aug/Jul’26 at $101.00. Session lows were recorded on the post close following a May’26 settlement at $413.60, with the market now calmer again pending any further geopolitical / macro input.