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Barchart

Rich Asplund

Sugar Prices Consolidate Recent Rally

India Deficit USDA Brazil Covrig Analytics Czarnikow FAs India Meteorological Department ISMA ISO

October NY world sugar #11 (SBV26) closed up +0.09 (+0.51%) on Friday, and October London ICE white sugar #5 (SWV26) closed down -0.60 (-0.11%).

Sugar prices settled mixed on Friday, as prices consolidated recent sharp gains. Concerns that the global sugar market will soon be in deficit are underpinning prices.

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