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Barchart
Barchart
Rich Asplund

Sugar Closes Slightly Higher on Strength in the Brazilian Real

July NY world sugar #11 (SBN23) on Monday closed up +0.07 (+0.27%), and Aug London white sugar #5 (SWQ23) closed up +1.80 (+0.25%).

Sugar prices Monday closed slightly higher.  Strength in the Brazilian real (^USDBRL) boosted sugar prices after the real Monday climbed to a 4-week high against the dollar.  The stronger real encourages exporters to reduce their sugar selling.

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