July NY world sugar #11 closed up 0.07 (+0.52%) and Aug London ICE white sugar #5 rose 0.70 (+0.16%) as prices stabilized after recent losses. The move was attributed to mild short covering while the market consolidated near a recent 2-month low in NY sugar. The update is technically oriented and modest in market impact.
July NY world sugar #11 closed up 0.07 (+0.52%) and Aug London ICE white sugar #5 rose 0.70 (+0.16%) as prices stabilized after recent losses. The move was attributed to mild short covering while the market consolidated near a recent 2-month low in NY sugar. The update is technically oriented and modest in market impact.
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neutral
Sentiment Score
0.10
