The Latest Breaking News from Conab

NY Sugar Recovers Early Losses on a Weaker Dollar

July NY world sugar #11 (SBN23 ) on Wednesday closed up +0.03 (+0.12%), and Aug London white sugar #5 (SWQ23 ) closed down -6.00 (-0.87%). Sugar prices Wednesday fell to 1-week lows but settled mixed. Weakness in the dollar Wednesday sparked short covering in NY sugar as prices recovered from...

Barchart · May 3, 2023

Sugar Prices Slump on the Outlook for a Bumper Brazil Sugar Crop

July NY world sugar #11 (SBN23 ) on Tuesday closed down -0.40 (-1.57%), and Aug London white sugar #5 (SWQ23 ) closed down -18.00 (-2.53%). Sugar prices retreated Tuesday on farmer hedge selling ahead of the upcoming Brazil sugar harvest. Conab on Apr 26 forecasted that Brazil's 2023/24 sugar output...

Barchart · May 2, 2023

NY Sugar Sinks on a Jump in Sugar Deliveries to Settle the NY May Contract

July NY world sugar #11 (SBN23 ) on Monday closed down -0.81 (-3.07%), and Aug London white sugar #5 (SWQ23 ) did not trade with markets in the UK closed for the May Day holiday. NY sugar Monday fell sharply on a surge in deliveries to settle the May NY...

Barchart · May 1, 2023