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Barchart
Barchart
Rich Asplund

Sugar Prices Pressured by a Weak Brazilian Real

On Brazil India ISMA ISO Thailand FAs The India Sugar Mill Association USDA

March NY world sugar #11 (SBH26) on Wednesday closed down -0.06 (-0.40%), and March London ICE white sugar #5 (SWH26) closed down -0.70 (-0.17%).

Sugar prices settled lower on Wednesday amid weakness in the Brazilian real.  The real (^USDBRL) tumbled to a 4.25-month low against the dollar on Wednesday, encouraging export sales from Brazil's sugar producers.  

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