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Barchart

Rich Asplund

UNBELIEVABLE: Sugar prices supported by global production concerns - The Untold Story

Thailand Brazil India India Meteorological Department Unica USDA

July NY world sugar #11 (SBN24) today is up +0.28 (+1.48%), and Aug London ICE white sugar #5 (SWQ24) is up +5.00 (+0.90%).

Sugar prices today 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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