ICE Sugar No. 16

The Sugar No. 16 contract serves the hedging needs of U.S. sugar producers, end users and merchants. The contract prices physical delivery of US-grown (or foreign origin with duty paid by deliverer) raw cane sugar at one of five U.S. refinery ports as selected by the receiver.
Sugar No. 16 Futures 	Sugar No. 16 Futures 	Sugar No. 16 Futures 	Sugar No. 16 Futures
Trading Screen Product Name	Sugar No. 16 Futures 	Sugar No. 16 Futures 	Sugar No. 16 Futures
Trading Screen Hub Name 	NYCC 	NYCC 	NYCC
Contract Symbol 	SF 	SF 	SF
Contract Size 	112,000 pounds (50 long tons) 	112,000 pounds (50 long tons) 	112,000 pounds (50 long tons)
Price Quotation 	Cents and hundredths of a cent per pound to two decimal places 	Cents and hundredths of a cent per pound to two decimal places 	Cents and hundredths of a cent per pound to two decimal places
Contract Series 	January, March, May, July, September and November 	January, March, May, July, September and November 	January, March, May, July, September and November
Minimum Price Fluctuation 	1/100 of a cent per pound ($11.20/contract) 	1/100 of a cent per pound ($11.20/contract) 	1/100 of a cent per pound ($11.20/contract)
Settlement 	Physical delivery, in a vessel berthed at a customary refiners berth. 	Physical delivery, in a vessel berthed at a customary refiners berth. 	Physical delivery, in a vessel berthed at a customary refiners berth.
Grade/Standards/Quality 	Raw centrifugal cane sugar based on 96 degrees average polarization 	Raw centrifugal cane sugar based on 96 degrees average polarization 	Raw centrifugal cane sugar based on 96 degrees average polarization
Daily Price Limit 	None 	None 	None
Deliverable Origins 	Cane sugars of the United States, duty free foreign origin, duty paid and delivered in bulk. 	Cane sugars of the United States, duty free foreign origin, duty paid and delivered in bulk. 	Cane sugars of the United States, duty free foreign origin, duty paid and delivered in bulk.
Delivery Locations 	New York, Baltimore, Galveston, New Orleans and Savannah. 	New York, Baltimore, Galveston, New Orleans and Savannah. 	New York, Baltimore, Galveston, New Orleans and Savannah.
First Notice Day 	First business day after the last trading day. 	First business day after the last trading day. 	First business day after the last trading day.
Last Notice Day 	First business day after last trading day. 	First business day after last trading day. 	First business day after last trading day.
Last Trading Day 	Eighth calendar day of the month preceding the delivery month, or next succeeding Exchange business day, if the eighth day is not an Exchange business day. 	Eighth calendar day of the month preceding the delivery month, or next succeeding Exchange business day, if the eighth day is not an Exchange business day. 	Eighth calendar day of the month preceding the delivery month, or next succeeding Exchange business day, if the eighth day is not an Exchange business day.
Position Limit 	Position Limit and Position Accountability information for all IFUS products can be found here. 	Position Limit and Position Accountability information for all IFUS products can be found here. 	Position Limit and Position Accountability information for all IFUS products can be found here.
Markers 	TAS (Trade at Settlement) 	TAS (Trade at Settlement) 	TAS (Trade at Settlement)
MIC Code 	IFUS 	IFUS 	IFUS
Clearing Venues 	ICUS 	ICUS 	ICUS
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	9:00 AM - 1:00 PM
09:00 - 13:00 	8:45 AM
08:45
Trading Hours 	LONDON 	2:00 PM - 6:00 PM
14:00 - 18:00 	1:45 PM
13:45
Trading Hours 	SINGAPORE 	10:00 PM - 2:00 AM
22:00 - 02:00 	9:45 PM
21:45
Trading Hours 	**In addition to the Pre-Open start time shown above, there will be a Post-Close Pre-Open order entry session from 1:30 pm to 6:00 pm NY time on the prior Exchange business day.	**In addition to the Pre-Open start time shown above, there will be a Post-Close Pre-Open order entry session from 1:30 pm to 6:00 pm NY time on the prior Exchange business day.	**In addition to the Pre-Open start time shown above, there will be a Post-Close Pre-Open order entry session from 1:30 pm to 6:00 pm NY time on the prior Exchange business day.
Codes 	Clearing Admin Name 	Sugar No 16 	Sugar No 16
Codes 	Physical 	SF 	SF
Codes 	Logical 	SF 	SF
Codes 	GMI (FC) 	SF 	SF
Codes 	ION A.C.N. 	None 	None
== Notes ==
== References ==
==Resources==
ICE Sugar No 16 Product Spec
Category:Sugar Futures Contracts
Category:Futures Contracts Traded on ICE
Category:Agricultural Futures Contracts
Category:Futures Data in Template