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Barchart

Rich Asplund

YOU WONT BELIEVE: Dollar strength prompts long liquidation in sugar futures - You Need To See This

Brazil Green Pool Commodity Specialists India London NY Thailand USDA

May NY world sugar #11 (SBK25) today is down -0.20 (-1.00%), and May London ICE white sugar #5 (SWK25) is down -9.00 (-1.60%).

Sugar prices are moderately lower as today's rally in the dollar index (DXY00) to a 2-week high has sparked long liquidation in sugar futures. Sugar prices have rallied over the past two weeks, with NY sugar posting a 3-week high Tuesday and London sugar posting a 3-1/2 month high on signs of lower global sugar production.

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