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Barchart

Rich Asplund

Sugar Prices Hammered on the Outlook for Abundant Supplies

London Thailand NY Brazil India Unica USDA

July NY world sugar #11 (SBN24) today is down -0.25 (-1.34%), and Aug London ICE white sugar #5 (SWQ24) is down -4.10 (-0.76%).

Sugar prices today extended this week's slide, with NY sugar posting a 1-1/2 year nearest-futures low and London sugar posting a 1-1/4 year low on the outlook for ample global sugar supplies.

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