ICE Sugar No. 11
From MarketsWiki
The Sugar No. 11 contract, also known as World Sugar, is the global benchmark contract for raw sugar trading. The contract prices physical delivery of raw cane sugar free-on-board the receiver’s vessel at a port within the country of origin of the sugar as named by the deliverer.
Uses
Sugar No. 11 is used in food, rum, and the fuel additive ethanol. It is a global sugar product, produced in over 120 countries and consumed in every country.[1]
Data Quotes
ICE offers data quotes on a subscription basis.[2]
| Sugar No. 11 futures | ||
|---|---|---|
| Exchange | ICE | |
| Settlement | Physically delivered | |
| Trade Unit | 112,000 pounds (50 long tons) | |
| Point Value | 1/100 of a cent per pound ($11.20/contract) | |
| Tick Value | Need tick value! | |
| Contract Months | Mar, May, Jul, Oct | |
| First Notice Date | First business day after the last trading day | |
| Last Trading Day | Last business day of the month preceding delivery month | |
| Open Outcry | Electronic | |
| Trading Hours | 08:30 to 12:30 ET; closing period commences at 12:28 ET | 01:30 to 15:15 ET |
| Ticker Symbol | SB | SB |
| Price Limits | None | None |
| Sugar No. 11 options | ||
| Trade Unit | One futures contract | |
| Point Value | Need point value! | |
| Tick Value | Need tick value! | |
| Option Months | Regular Options: March, May, July and October. Serial Options: January, February, April, June, August, September, November and December | |
| Strike Prices | Need strike price description! | |
| Option Expiration Day | Need OED rules! | |
| No Open Outcry | No Electronic Market | |
| Trading Hours | N/A | N/A |
| Ticker Symbol | N/A | N/A |
| Price Limits | N/A | N/A |
References
- ↑ Sugar. ICE. Retrieved on January 19, 2008.
- ↑ The most valuable commodity is information. ICE. Retrieved on January 14, 2008.


