July NY world sugar #11 fell 0.29 cents/lb, or 2.13%, to a 2-month low, while August London ICE white sugar dropped 2.40 points, or 0.54%. The decline was attributed in part to a 2% drop in crude oil prices, which is pressuring sugar markets. The article is a short-term price update with modest market impact.
July NY world sugar #11 fell 0.29 cents/lb, or 2.13%, to a 2-month low, while August London ICE white sugar dropped 2.40 points, or 0.54%. The decline was attributed in part to a 2% drop in crude oil prices, which is pressuring sugar markets. The article is a short-term price update with modest market impact.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.30
