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Barchart
Barchart
Rich Asplund

Sugar Prices Post Moderate Losses on Hopes India Will Resume Sugar Exports

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

October NY world sugar #11 (SBV24) Thursday closed down -0.11 (-0.47%), and December London ICE white sugar #5 (SWZ24) closed down -3.20 (-0.54%).

Sugar prices Thursday gave up an early advance and posted moderate losses after the Indian Sugar and Bio-energy Manufacturers Association (ISM) said India will have 2 MMT of sugar to export next season and urged the government to lift its current sugar export restrictions.

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