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Barchart

Rich Asplund

UNCOVERED: Sugar rallies on dollar weakness | History Defined

Thailand NY India Brazil India Meteorological Department Unica USDA

July NY world sugar #11 (SBN24) on Monday closed up +0.48 (+2.62%), and Aug London ICE white sugar #5 (SWQ24) closed up +10.60 (+1.96%).

Sugar prices rallied on Monday, with NY sugar climbing to a 2-1/2 week high. Monday's decline in the dollar index to a 2-week low sparked some short-covering in sugar futures.

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