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The sugar contract specifications tell you how the sugar futures
trade, not how to trade sugar futures. Before you consider opening a commodity futures account you should consult
with a licensed commodities broker.
Sugar Futures
Trading Unit
112,000
pounds. Price Quotation
U.S. dollars and cents per pound.
Minimum
Price Fluctuations
The minimum price increment shall be one hundredth of a cent ($.0001) per pound.
Trading Hours (all times are New York
time)
The contracts are available for trading on the CME Globex® trading
platform from 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45-minute break each day between 5:15 PM and 6:00
PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange
of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and
the day preceding a holiday.
Trading Months
A March, May, July and October cycle for 24 Months.
Termination of Trading Trading ceases at
the close of business immediately preceding the first notice day on the New York Board of Trade. Settlement
Financial
Margin Requirements
Margins are required for open futures positions.
Trading Symbol
SB
Sugar Futures Specifications
Click on the link above to download a printable .pdf reference
sheet entitled “ICE Futures US Sugar No. 11 Futures” which contains the current sugar futures contract specifications.
The Sugar No. 11 contract is the world benchmark contract for raw sugar trading. The contract prices the physical delivery
of raw cane sugar, free-on-board the receiver’s vessel to a port within the country of origin of the sugar.
Click here to contact a licensed commodities broker with experience
in the sugar market to discuss market opportunities and trade recommendations.
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