Daily Market Price Updates and Commentary 15th January 2026

Raw Sugar Update 

From a marginally lower starting point the market soon came under pressure and within an hour was sitting on the early month 14.57 low. Initially this level held however the weight of selling was proving too much for the scale buyers and while movement was gradual the later morning period saw new ground broken for the month with the price slipping below 14.50. With the next chart support found from the December low at 14.38 buyers were hanging onto whatever inspiration that they could find, and while the decline continued into the afternoon it stalled when some better pricing ahead of this mark limited the low at 14.41. The inevitable short covering that followed swung the market back into the 14.50’s at a reasonable pace and while progress then slowed the price did make it as far as 14.65 before calming ahead of the final hour. Moderate selling pressure in the 14.60 area during the final stages left March’26 settling at 14.57, maintaining the heavy feel that the market currently carries regardless of the afternoon effort to hold it away from the chart point at 14.37. 

White Sugar Update 

On the back of yesterday’s unconvincing showing the market was soon under renewed pressure and slipped into the high teens during the early stages. While there was some light scale buying in place it was having limited effect against the assorted selling heading from the opposite direction and so the decline continued steadily through the next few hours to apply additional chat pressure and bring December’s $415.00 low into focus. Through into early afternoon this area struggled to hold, and some marginally lower forays saw the price fall to $414.60, but there were no stops in place and so when the sellers threw in the towel and took some cover the market was able to move back up to sit around $418.00. The flat price movement was not placing any fresh pressure upon white premium values which had levelled out again following yesterday’s movement as they continue to exist within a $95/$100 band. As trading calmed through the middle of the afternoon there was a gentler gain made to $420.00, though a return to credit proved elusive and the late afternoon saw some slight pressure re-applied. March/May’26 was still seeing some steady roll volume through the day, with a few AA’s for the spot aiding its move to a respectable 13,500 lot volume. Closing values were towards the centre of the range with March’26 at $418.20, better than seemed likely midway through the session but still maintaining a downward bias.