ICE Sugar sheds 28 cents to trade around $20.88 per pound

Sugar is down to $20.88 per pound, after ending Friday at $21.16. Overall, a 1.32% loss or 28 cents today.

ICE Sugar is currently trading at $20.88 following the release of U.S. President Biden speech data from the United States.

Taking a look at other Softs commodities, negative performances are evident as Cocoa closed at $2,666 (down 1.41%).

Positive performances can be seen by looking at other Softs markets as Cotton gained 1.16% and is currently trading at $79.09.

Furthermore, United States Consumer Price Index figure is projected at 0.4%. It previously stood at 0.5%; data will be released tomorrow at 12:30 UTC. United States Consumer Price Index is expected tomorrow at 12:30 UTC. United States Core Consumer Prices is expected tomorrow at 12:30 UTC.

14 days ago Sugar reached a significant high of $22.09 but has consequently lost 4.21% since then.