Rodman Barney

NY Sugar #11

Sugar was first thought to have been produced in Polynesia and later India, around 500 BC. Brazil is traditionally the world’s largest sugar producer and exporter.

Sugar (Financial) futures are an outright contract between a buyer and a seller that industry participants, such as sugar producers, refiners, retailers, exporters and importers, can use to manage price risk.

Product Symbol YO

Venue CME ClearPort, CME Globex, Open Outcry (New York)

Hours (All Times are New York Time/ET)	CME Globex:	Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
	CME ClearPort:	Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)

Contract Size 112,000

Price Quotation U.S. Dollars per pound

Minimum Fluctuation $0.0001 per pound

Termination of Trading Trading terminates on the day immediately preceding the first notice day of the corresponding trading month of Sugar futures at ICE Futures U.S.

Listed Contracts Trading is conducted in the March, May, July, and October cycle for the next 24 months.

Settlement Type Financial