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Barchart
Rich Asplund

Sugar Prices Fall as the Brazilian Real Tumbles to a Record Low Against the Dollar

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

March NY world sugar #11 (SBH25) today is down -0.53 (-2.44%), and March London ICE white sugar #5 (SWH25) is down -7.70 (-1.38%).

Sugar prices today are moderately lower, with NY sugar falling to a 2-week low.  Today's selloff in the Brazilian real (^USDBRL) to a record low against the dollar encourages export selling by Brazil's sugar producers and sparked long liquidation in sugar futures.

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