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Rich Asplund

Sugar Prices Slip as the Dollar Strengthens

India Brazil ISMA ISO Thailand Czarnikow FAs NY USDA

March NY world sugar #11 (SBH26) on Thursday closed down -0.10 (-0.71%), and May London ICE white sugar #5 (SWK26) closed down -4.60 (-1.13%).

Sugar prices gave up an early advance on Thursday and settled lower as the dollar's strength sparked long liquidation in sugar futures. The dollar index ($DXY) rallied to a 3.5-week high on Thursday, pressuring most commodity prices.

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