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Sugar Prices Climb on Global Weather Risks

Energy Markets & PricesCommodities & Raw MaterialsMarket Technicals & FlowsInflation

Sugar prices extended their week-long rally with NY world sugar #11 up +0.88% and Aug London ICE white sugar #5 up +1.96% today. NY hit a 7-week high and London reached a 9.75-month nearest-futures high, signaling firm momentum into the front contracts.

Analysis

Sugar prices extended their week-long rally with NY world sugar #11 up +0.88% and Aug London ICE white sugar #5 up +1.96% today. NY hit a 7-week high and London reached a 9.75-month nearest-futures high, signaling firm momentum into the front contracts.

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