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Barchart

Rich Asplund

UNCOVERED: Sugar prices settle lower on long liquidation pressures | History Defined

India USDA ISO Brazil Ethanol Deficit FAs London NY

October NY world sugar #11 (SBV26) on Tuesday closed down -0.08 (-0.53%), and Aug London ICE white sugar #5 (SWQ26) closed down -12.50 (-2.56%).

Sugar prices gave up an early advance on Tuesday and moved lower as the recent rally pushed sugar prices into overbought territory, sparking technical selling and long liquidation.

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