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Barchart
Rich Asplund

Sugar Prices Continue Lower on Concern about Brazil Production

Brazil India London NY Thailand the Indian Sugar and Bioenergy Manufacturers Association the International Sugar Organization Unica USDA

March NY world sugar #11 (SBH25) is down -0.09 (-0.46%), and March London ICE white sugar #5 (SWH25) is down -2.50 (-0.49%).

Sugar prices today are trading lower and are consolidating mildly above last Thursday's lows, when NY sugar posted a 3-month low and London sugar posted a 4-month low.  Sugar prices today are on the defensive ahead of Unica's report expected later this week of Brazil's sugar production in the first half of December.

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