The No. 11 New York May World Sugar (SBK26) closed Thursday down -0.29 (-1.90%), and the No. 5 London ICE May White Sugar (SWK26) closed down -6.40 (-1.45%). Sugar prices fell to two-week lows on Thursday and stabilized sharply lower. Underpriced sugar production in India was increased on Thursday after the National Federation of Cooperative…
World #11 New York May White Sugar (SBK26) today is up +0.28 (+1.97%), and London #5 May ICE White Sugar (SWK26) is up +11.40 (+2.76%). Sugar prices are rising today, with London sugar hitting a one-week high as higher crude oil prices encourage the world’s sugar mills to increase ethanol production at the expense of…
New York March World Sugar #11 (SBH26) closed Monday up +0.04 (+0.27%), and London March White Sugar #5 ICE (SWH26) closed up +0.80 (+0.19%). Sugar prices rose on Monday as they continue to consolidate below one-month highs reached last Wednesday. Sugar is supported by recent news that India’s Food Ministry said it was considering raising…
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…
World sugar #11 for March in New York (SBH26) today was down -0.23 (-1.45%), and white sugar ICE #5 for December in London (SWZ25) was down -11.20 (-2.48%). Sugar prices are under pressure today, but remain above the lows reached on Tuesday. On Tuesday, New York sugar fell to a three-week low and London sugar…
March NY World Sugar #11 (SBH26) on Friday closed +0.07 ( +0.431%), and December London Ice White Sugar #5 (SWZ25) closed -1.20 (-0.26%). Sugar prices were established on Friday. The sugar has the transmission support on Thursday, when Unica reported that the sugar content in the crushing of sugar and cane from southern Brazil decreased,…
