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Barchart
Barchart
Rich Asplund

Sugar Prices Rebound as Dollar Weakness Spurs Short Covering

Brazil Green Pool Commodity Specialists India Thailand USDA

May NY world sugar #11 (SBK25) today is up +0.26 (+1.43%), and May London ICE white sugar #5 (SWK25) is up +8.60 (+1.66%).

Sugar prices today are moderately higher as a slump in the dollar index (DXY00) to a 4-month low has sparked short covering in sugar futures.  

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