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Market Impact: 0.22

Sugar Prices Rebound as the Dollar Slumps

Commodities & Raw MaterialsCommodity FuturesCurrency & FXMarket Technicals & Flows

May NY world sugar #11 rose 0.20 (+1.46%) and May London ICE white sugar #5 gained 13.00 (+3.16%) after recovering from 6-week lows. The rally was driven by a weaker dollar index, which fell to a 6-week low and improved commodity pricing support.

Analysis

May NY world sugar #11 rose 0.20 (+1.46%) and May London ICE white sugar #5 gained 13.00 (+3.16%) after recovering from 6-week lows. The rally was driven by a weaker dollar index, which fell to a 6-week low and improved commodity pricing support.

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Market Sentiment

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