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Barchart
Barchart
Rich Asplund

Sugar Prices Post New 1.25-year High But Then Fall Back

India London USDA Deficit NY Brazil Covrig Analytics El Niño FAs India Meteorological Department

October NY world sugar #11 (SBV26) on Wednesday closed down -0.31 (-1.85%), and October London ICE white sugar #5 (SWV26) closed down -4.40 (-0.86%).

NY and London sugar prices on Wednesday rallied to new 1.25-year nearest-futures highs, but then fell back due to some long liquidation pressure.

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