Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Sugar Prices Turn Lower on Technical Selling

October NY world sugar #11 (SBV26) is down -0.03 (-0.17%) today, and October London ICE white sugar #5 (SWV26) is down -0.50 (-0.09%).

Sugar prices gave up an early advance today and turned lower on technical selling. With the sharp rally over the past two weeks, sugar prices have become extremely overbought, prompting profit-taking and long liquidation from commodity funds.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.