July NY world sugar #11 (SBN26) today is up +0.09 (+0.65%), and Aug London ICE white sugar #5 (SWQ26) is up +2.70 (+0.60%).
Sugar prices are moving higher today for a second session amid concerns over India’s sugar crop. Late Monday, India’s Meteorological Department reported that India’s cumulative monsoon rainfall was 32% below normal as of June 15. India’s monsoon season runs from June through September.