May NY world sugar #11 (SBK26) closed up +0.35 (+2.42%) and May London ICE white sugar #5 (SWK26) closed up +11.40 (+2.68%); NY sugar hit a 1.5-month high and London sugar a 4.75-month high. The article notes sugar prices rallied sharply and cites soaring gasoline prices as a contributing factor to the move.
May NY world sugar #11 (SBK26) closed up +0.35 (+2.42%) and May London ICE white sugar #5 (SWK26) closed up +11.40 (+2.68%); NY sugar hit a 1.5-month high and London sugar a 4.75-month high. The article notes sugar prices rallied sharply and cites soaring gasoline prices as a contributing factor to the move.
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mildly positive
Sentiment Score
0.25
Ticker Sentiment
