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Barchart
Barchart
Rich Asplund

RARE PHOTOS: Year end short covering boosts sugar prices - The Real Truth

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March NY world sugar #11 (SBH26) on Wednesday closed up +0.17 (+1.15%).  March London ICE white sugar #5 (SWH26) closed up +1.50 (+0.35%).

Sugar prices recovered from 1-week lows on Wednesday and settled higher on some year-end fund short covering.   Sugar prices initially fell on Wednesday after the dollar index (DXY00) rose to a 1-week high, weighing on most commodity prices, including sugar.

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