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Barchart

Rich Asplund

Global Supply Concerns Support Sugar Prices

India Deficit Brazil USDA Covrig Analytics Czarnikow FAs India Meteorological Department ISMA ISO

October NY world sugar #11 (SBV26) is up +0.18 (+1.03%) today, and October London ICE white sugar #5 (SWV26) is up +4.10 (+0.74%).

Sugar prices are moving higher today but remain below Thursday’s significant highs. Concerns that the global sugar market will soon be in deficit are underpinning prices.

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