Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

FORGOTTEN HISTORY: Sugar prices undercut by demand concerns - The Untold Story

October NY world sugar #11 (SBV26) on Friday closed down -0.06 (-0.34%) on Friday, and December London ICE white sugar #5 (SWZ26) closed up +0.20 (+0.04%).

Sugar prices slid to 3-week lows on Friday before recovering slightly to settle mixed. Sugar prices have been under pressure over the past week on demand concerns. 499,350 MT of sugar was delivered against the October London sugar contract that expired on Tuesday, up +91% y/y and one of the largest deliveries for an October contract on record, signaling weak physical demand for sugar.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.