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Barchart
Barchart
Rich Asplund

Stronger Sugar Output in Brazil Pressures Sugar Prices

Brazil USDA India ISMA London NY Thailand

October NY world sugar #11 (SBV25) on Wednesday closed down -0.14 (-0.84%), and October London ICE white sugar #5 (SWV25) closed down -5.30 (-1.12%).

Sugar prices were under pressure Wednesday on signs of stronger global sugar production in Brazil after Brazil's ministry of agriculture and livestock said that sugar output totaled almost 3.4 MMT over the last 15 days.

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