World Sugar Futures Contract Sets New Open Interest High At NYBOT

The New York Board of Trade® (NYBOT®) Sugar No. 11sm futures contract (symbol SB) set a new all-time record for open interest yesterday with 435,023 contracts. The new high replaces the previous record of 429,245 total contracts set on July 27, 2005.

The World Sugar contract trades at NYBOT from 9:00 am to 12:00 pm (NY Time), and has four delivery months including March, May, July and October. The contract calls for 112,000 lbs. of raw centrifugal cane sugar from 29 countries throughout the world.

The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, pulp and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.