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Macro

ICE Raw Sugar Futures Fall Over 5.6% Monday

ICE raw sugar futures fell 5.63% to 19.10 cents per pound in late New York trading on Monday, October 26, after opening lower near 19.80 cents in European morning trade and extending losses from 20:00 to 23:40 Beijing time. ICE white sugar futures dropped 4.11%, while ICE arabica coffee fell 2.59%, New York cocoa fell 1.59% to $5,503 per tonne, and ICE cotton fell 1.60%.

Original source

AI take

The breadth of the selloff is the story here: sugar's drop came alongside declines in coffee, cocoa and cotton, pointing to a broad soft-commodity move rather than anything sugar-specific. That pattern matters for traders watching whether this is a single-session risk-off shift or the start of a wider repricing across the complex. With raw sugar now trading well below its European open, the question worth watching is whether the pressure persists into the next session or reverses, and whether the other softs follow the same path.

Generated by AI for reference only.

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