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Market Impact: 0.22

Sugar Prices Fall on Stronger Production in Brazil

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsInvestor Sentiment & Positioning

July NY world sugar #11 fell 0.21 (-1.49%) and August London ICE white sugar #5 dropped 4.10 (-0.95%) on Thursday, extending this week's losses. NY sugar hit a 1-month low and London sugar fell to a 5-week low, signaling continued weakness in the sugar futures market.

Analysis

July NY world sugar #11 fell 0.21 (-1.49%) and August London ICE white sugar #5 dropped 4.10 (-0.95%) on Thursday, extending this week's losses. NY sugar hit a 1-month low and London sugar fell to a 5-week low, signaling continued weakness in the sugar futures market.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25