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Barchart
Barchart
Rich Asplund

The Outlook of Reduced Brazil Sugar Exports Lifts Sugar Prices

Brazil India ISMA ISO Thailand FAs London NY USDA

March NY world sugar #11 (SBH26) today is up +0.25 (+1.69%).  March London ICE white sugar #5 (SWH26) is up +5.40 (+1.27%).

Sugar prices are moving higher today as recent strength in the Brazilian real will discourage export sales from Brazil's sugar producers, curbing supplies.  The real (^USDBRL) climbed to a 1-month high against the dollar on Tuesday.

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