Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Sugar Prices Fall on Dollar Strength

May NY world sugar #11 (SBK24) on Friday closed down -0.21 (-0.95%), and May London ICE white sugar #5 (SWK24) closed down -1.10 (-0.17%).

Sugar prices Friday gave up an early advance and posted moderate losses as a rally in the dollar index (DXY00) to a 5-week high sparked long liquidation in sugar futures.  Sugar initially moved higher Friday, with London sugar posting a 1-month high, on concern about excessive dryness in Brazil based on forecasts for limited rain over the next week in Brazil's Center-South, the country's primary sugar-growing region.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.