Signs of Weak European Sugar Production Support Prices

Sugar futures closed mixed: October NY world sugar #11 (SBV26) rose +0.32 (+1.85%) while October London ICE white sugar #5 (SWV26) fell -3.00 (-0.58%). London prices dropped to a 1.5-week low as sugar settled weaker there, partially offset by NY finding support on signs of lower sugar [supply/demand] (per the article). Overall, price action signals near-term divergence rather than a clear directional catalyst.