Sugar prices fall to multi-year lows on prospect of ample global supply
World sugar #11 for March in New York (SBH26) today was down -0.44 (-2.80%), and white sugar ICE #5 for December in London (SWZ25) was down -13.10 (-2.93%). Sugar prices are selling off today, with NY Sugar matching last month’s closest 4.5-year futures low and London sugar posting a new 4.25-year low. The prospects for…