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Barchart

Rich Asplund

Sugar Prices Weighed Down on the Outlook for Robust Sugar Supplies

London Thailand NY Brazil India Unica USDA

July NY world sugar #11 (SBN24) today is down -0.23 (-1.25%), and Aug London ICE white sugar #5 (SWQ24) is down -2.70 (-0.50%).

Sugar prices today are moderately lower but remain above Thursday's significant lows. NY sugar on Thursday fell to a 1-1/2 year nearest-futures low, and London sugar dropped to a 1-1/4 year low on the outlook for ample global sugar supplies.

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