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Barchart

Rich Asplund

Dollar Weakness Sparks Short Covering in Sugar Futures

India ISM Thailand Brazil London NY Unica USDA

October NY world sugar #11 (SBV24) today is up +0.05 (+0.28%), and Oct London ICE white sugar #5 (SWV24) is up +2.90 (+0.56%).

Sugar prices today recovered from early losses and turned higher after a fall in the dollar index (DXY00) to a 6-3/4 month low sparked short-covering in sugar futures.

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