
July NY world sugar #11 (SBN25) Wednesday closed down -0.20 (-1.24%), and August London ICE white sugar #5 (SWQ25) closed up +3.80 (+0.82%).
Sugar prices on Wednesday extended their 3-month-long slide and posted 4-year nearest-futures lows. The outlook for improving global sugar supplies is weighing on prices. However, fund short covering on Wednesday lifted London sugar off its lows and into positive territory.