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Barchart
Barchart
Rich Asplund

Sugar Prices Recover on Possible Frost Risk in Brazil

Brazil India NY USDA ISMA London Thailand

October NY world sugar #11 (SBV25) today is up +0.75 (+4.81%), and August London ICE white sugar #5 (SWQ25) is up +19.40 (+4.23).

Oct NY sugar today matched Wednesday's contract low but then rallied sharply on short-covering sparked a frost scare in Brazil.  The NY sugar nearest-futures July contract posted a 4.25-year low on Monday.  Aug London sugar today rallied sharply from Wednesday's 3.75-year nearest-futures low.  

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