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Barchart
Barchart
Rich Asplund

Sugar Prices Pressured as Frost Risks in Brazil Subside

Brazil India USDA Thailand ISMA London

October NY world sugar #11 (SBV25) today is down -0.16 (-0.98%), and August London ICE white sugar #5 (SWQ25) is down -1.80 (-0.38%).

Sugar prices are moving lower today and have been under pressure the past two sessions following the removal of the frost risk from weather forecasts in Brazil.  Today's rally in the dollar index (DXY00) to a 1.5-week high is also a negative factor for sugar prices.

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