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Barchart
Barchart
Rich Asplund

DARK SECRETS: Sugar prices surge on concern about global sugar production | Rare Historical Photos

July NY world sugar #11 (SBN24) on Thursday closed up +0.88 (+4.57%), and Aug London ICE white sugar #5 (SWQ24) closed up +15.90 (+2.79%).

Sugar prices Thursday rallied sharply to 2-1/2 month highs.  Sugar had carryover support from Wednesday when India's agricultural agency reported spreading a fungus crop disease called red rot through India's Uttar Pradesh state, a key sugar-growing region.

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