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Barchart
Barchart
Rich Asplund

Sugar Prices Slip on Weakness in the Brazilian Real

Brazil India Thailand El Nino USDA

March NY world sugar #11 (SBH24) on Wednesday closed -0.53 (-1.91%), and March London ICE white sugar #5 (SWH24) closed -8.30 (-1.11%).

Sugar prices Wednesday retreated as weakness in the Brazilian real (^USDBRL) fueled the selling of sugar futures.  The real on Wednesday fell to a 1-week low against the dollar, encouraging export selling by Brazil's sugar producers.

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