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Barchart
Barchart
Rich Asplund

FOUND: Sugar prices pressured as india boosts sugar production and crude oil declines | Mind Blowing Facts

March NY world sugar #11 (SBH26) on Monday closed down -0.15 (-0.99%), and March London ICE white sugar #5 (SWH26) closed down -3.00 (-0.70%).

Sugar prices settled lower on Monday due to higher Indian sugar output and a slide in crude oil prices.  The India Sugar Mill Association (ISMA) reported Monday that Indian sugar production from Oct 1-Dec 15 jumped +28% y/y to 7.8 MMT.  

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