May NY World Sugar #11 (SBK26) closed up +0.57 (+3.85%) and May London ICE white sugar #5 (SWK26) closed up +13.80 (+3.16%), pushing sugar to 5-month highs. The gains extended a sharp weekly rally and are being supported by soaring gasoline lifting ethanol prices, a bullish factor for sugar demand and processing economics.
May NY World Sugar #11 (SBK26) closed up +0.57 (+3.85%) and May London ICE white sugar #5 (SWK26) closed up +13.80 (+3.16%), pushing sugar to 5-month highs. The gains extended a sharp weekly rally and are being supported by soaring gasoline lifting ethanol prices, a bullish factor for sugar demand and processing economics.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.40
