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Barchart
Barchart
Rich Asplund

Sugar Prices Push Higher as They Consolidate Recent Losses

United States Brazil USDA India London NY Thailand Unica

October NY world sugar #11 (SBV25) today is up +0.08 (+0.50%), and October London ICE white sugar #5 (SWV25) is up +2.10 (+0.45%).

Sugar prices today are pushing higher as they consolidate recent losses.   Some mild short covering emerged in sugar futures today after the Brazilian real (^USDBRL) rallied to a 4-week high, discouraging export sales from Brazil's sugar producers.

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