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Barchart
Barchart
Rich Asplund

Sugar Prices Tumble as India’s Monsoon Rains Improve

Ice India Ethanol ISO London USDA Brazil Deficit FAs ISMA

October NY world sugar #11 (SBV26) today is down -0.19 (-1.28%), and October London ICE white sugar #5 (SWV26) is down -5.20 (-1.11%).

Sugar prices are under pressure today as India’s monsoon rains continue to improve. India’s Meteorological Department reported today that India’s cumulative monsoon rainfall was 19% below normal as of July 22, a substantial improvement from 42% below normal on June 30.

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