Sugar futures extended this week's rally, with May NY world sugar #11 up 0.33 (+2.43%) to a 1-week high and Aug London ICE white sugar #5 up 7.40 (+1.73%) to a 2-week high. The article cites Brazilian real strength as a supportive factor for prices. The move is constructive for sugar markets but remains limited to the commodity complex.
Sugar futures extended this week's rally, with May NY world sugar #11 up 0.33 (+2.43%) to a 1-week high and Aug London ICE white sugar #5 up 7.40 (+1.73%) to a 2-week high. The article cites Brazilian real strength as a supportive factor for prices. The move is constructive for sugar markets but remains limited to the commodity complex.
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mildly positive
Sentiment Score
0.25
