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Barchart
Barchart
Rich Asplund

NY Sugar Prices Consolidate Modestly Below Recent 12-Year High

India Thailand El Nino USDA

March NY world sugar #11 (SBH24) on Friday closed +0.29 (+1.06%), and Dec London ICE white sugar #5 (SWZ23) closed +12.60 (+1.69%).

NY sugar Friday posted a 1-1/2 week high and closed mildly below last week's 12-year highest futures high.  Meanwhile, Dec London ICE white sugar Friday edged to a new contract high and posted a new 1-3/4 month high on the nearest-futures chart.

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