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Rich Asplund

REVEALED: Sugar prices settle higher on weather risks to global production - The Real Truth

Thailand Brazil India India Meteorological Department Unica USDA

July NY world sugar #11 (SBN24) on Wednesday closed up +0.27 (+1.43%), and Aug London ICE white sugar #5 (SWQ24) closed up +4.50 (+0.81%).

Sugar prices Wednesday extended this week's rally to fresh 3-week highs. Sugar prices are seeing an increased risk premium from increasingly volatile weather globally, including in key sugar-producing countries such as Brazil, India, and Vietnam.

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