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Rich Asplund

HISTORICAL FACTS: Sugar prices weighed down by an improving supply outlook - Caught on Camera

India London NY Brazil Unica Conab Green Pool Commodity Specialists the Indian Sugar and Bioenergy Manufacturers Association USDA

July NY world sugar #11 (SBN25) Friday closed up +0.04 (+0.23%), and August London ICE white sugar #5 (SWQ25) closed down -4.10 (-0.83%).

Sugar prices on Friday extended their month-long selloff, with July NY sugar posting a 3-3/4 year nearest-futures low and London sugar posting a 2-week low. However, sugar prices recovered from their worst levels Friday, with NY sugar climbing into positive territory as a weaker dollar (DXY00) sparked short covering in sugar futures.

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