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Barchart
Barchart
Rich Asplund

Sugar Prices Supported by Brazilian Real Strength

Brazil India NY ISMA ISO Thailand USDA FAs London

March NY world sugar #11 (SBH26) today is up +0.05 (+0.33%), and March London ICE white sugar #5 (SWH26) is down -1.60 (-0.37%).

Sugar prices are mixed today, with NY sugar posting a 5-week high.  Strength in the Brazilian real (^USDBRL) is supportive of sugar prices, as the real rose to a 1-week high against the dollar today, discouraging export sales by Brazil's sugar producers.  

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