ICE raw sugar (No. 11) trades below 14.5 US cents per pound on July 18, 2026
Pending
✦ AI-generated prediction
Published on 11. July 2026
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Predicted for 18. July 2026
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Based on: Statistical Pattern
ICE No. 11 raw sugar closed at ~14.8 cts/lb on July 8, 2026 — near a multi-week low. Bearish drivers: India's 2026 monsoon is running well above normal, pointing to a bumper crop from the world's largest producer; falling crude oil reduces Brazil's ethanol incentive; slight contango in the forward curve. A move below 14.5 cts requires ~2% further decline in 10 trading days — possible given the bearish setup but not the base case.
Data basis for this prediction
- ICE No. 11 Schlusskurs: ~14,8 cts/lb (08.07.2026, CZapp)
- India-Monsun 2026: überdurchschnittlich stark, bullish für Angebot (CZapp, Juli 2026)
- ICE-Terminkurve 2026–2029 im leichten Contango (Commodity Board, Juli 2026)
Verdict: Pending
This prediction is still open. It will be evaluated automatically against real-world sources after its due date.
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