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Barchart

Rich Asplund

Concerns About Smaller Global Sugar Output Support Sugar Prices

NY Brazil London Thailand Green Pool Commodity Specialists India USDA

May NY world sugar #11 (SBK25) today is up +0.32 (+1.63%), and May London ICE white sugar #5 (SWK25) is up +7.20 (+1.29%).

Sugar prices today are moderately higher and just below Tuesday's significant highs. Sugar prices have rallied over the past two weeks, with NY sugar posting a 3-week high Tuesday and London sugar posting a 3-1/2 month high on signs of lower global sugar production.

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