Back to News
Market Impact: 0.25

Sugar Prices Sink on Expectations for the Global Sugar Surplus to Persist

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

May NY world sugar #11 fell 2.09% to be down 0.29, while May London ICE white sugar #5 dropped 1.37% to be down 5.80. NY sugar also sank to a 5.5-year nearest-futures low after giving up an early advance, indicating continued bearish price pressure in the sugar market.

Analysis

May NY world sugar #11 fell 2.09% to be down 0.29, while May London ICE white sugar #5 dropped 1.37% to be down 5.80. NY sugar also sank to a 5.5-year nearest-futures low after giving up an early advance, indicating continued bearish price pressure in the sugar market.

AllMind AI Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request a Demo

Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35