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Barchart
Barchart
Rich Asplund

Sugar Prices Finish Higher on Strength in the Brazilian Real

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

March NY world sugar #11 (SBH25) Tuesday closed up +0.12 (+0.62%), and March London ICE white sugar #5 (SWH25) closed up +0.50 (+0.10%).

Sugar prices Tuesday finished moderately higher as the Brazilian real (^USDBRL) rallied to a 2-week high against the dollar, sparking short covering in sugar futures.  The stronger real discourages export selling from Brazil's sugar producers.

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