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Barchart
Barchart
Rich Asplund

Sugar Prices Fall on Weakness in the Brazilian Real

Brazil El Nino India London USDA

Oct NY world sugar #11 (SBV23) on Monday closed -0.28 (-1.15%), and Oct London white sugar #5 (SWV23) closed -2.20 (-0.32%).

Sugar prices Monday closed moderately lower as weakness in the Brazilian real sparked long liquidation in sugar futures.  On Monday, the real (^USDBRL) tumbled to a 2-1/4 month low against the dollar, encouraging export selling from Brazil's sugar producers.  

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