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Market Impact: 0.15

Sugar Prices Slip on Higher Sugar Output in India

ICE
Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

May NY world sugar #11 fell $0.02 (-0.13%) to a two-week low; May London ICE white sugar #5 was not trading due to the UK Easter Monday holiday. The dip was driven by negative carryover from last Thursday and appears to be a modest technical move rather than a material fundamental shift.

Analysis

May NY world sugar #11 fell $0.02 (-0.13%) to a two-week low; May London ICE white sugar #5 was not trading due to the UK Easter Monday holiday. The dip was driven by negative carryover from last Thursday and appears to be a modest technical move rather than a material fundamental shift.

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