Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Sugar Prices Settle Lower as the Dollar Rallies

March NY world sugar #11 (SBH25) Friday closed down -0.12 (-0.62%), and March London ICE white sugar #5 (SWH25) closed down -3.20 (-0.61%).

Sugar prices Friday posted moderate losses as a rally in the dollar index (DXY00) to a 1-week high weighed on most commodity prices, including sugar.  Sugar prices previously moved higher over the past week as strength in the Brazilian real (^USDBRL) fueled fund short-covering in sugar futures.  On Friday, the real climbed to a 2-month high against the dollar, discouraging export sales from Brazil's sugar producers.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.