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Barchart
Barchart
Rich Asplund

Sugar Gives Up Early Gains on Speculation Sugar Supplies Will Remain Ample

India Brazil Thailand the Indian Sugar and Bioenergy Manufacturers Association USDA

March NY world sugar #11 (SBH25) today is down -0.21 (-0.95%), and March London ICE white sugar #5 (SWH25) is down -5.60 (-0.98%).

Sugar prices today fell back from 1-1/2 week highs and turned lower on speculation that increased sugar output in Thailand will keep global sugar supplies ample despite any shortage from seasonal sugar mill closures in Brazil.  

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