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Rich Asplund

Sugar Prices Fall Back from Wednesday’s 1.25-Year Highs

India Deficit London NY USDA Brazil Covrig Analytics Czarnikow FAs India Meteorological Department

October NY world sugar #11 (SBV26) is down -0.23 (-1.37%), and October London ICE white sugar #5 (SWV26) is down -7.20 (-1.35%).

NY and London sugar prices are seeing some apparent long liquidation pressure today after both contracts rallied to 1.25-year nearest-futures highs on Wednesday.

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