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Rich Asplund

Sugar Closes Higher as a Weak Dollar Inspires Short Covering

Thailand Brazil NY India London Unica USDA

July NY world sugar #11 (SBN24) on Friday closed up +0.15 (+0.82%) on Tuesday, and Aug London ICE white sugar #5 (SWQ24) closed up +6.20 (+1.15%).

Sugar prices on Friday recovered from 1-week lows and posted moderate gains as a weaker dollar (DXY00) sparked short covering in sugar futures.

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One subscription that gives you access to news from hundreds of sites

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